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A computer company's annual inventory holding cost percentage is 23% (which includes the cost of capital for financing the inventory, warehouse space, and the
A computer company's annual inventory holding cost percentage is 23% (which includes the cost of capital for financing the inventory, warehouse space, and the cost of obsolescence). Last year, the company had an average of $37 million in inventory and revenue of $394 million. The price markup on all models of computers sold by this company is 13%. Round your answer to 3 digits after the decimal point. Do NOT use comma in your numeric answers. The company's Cost Of Goods Sold (COGS) last year is On average the company has The company's inventory turnover is The cost of a computer with a price tag of $1259 is $ such a computer is $ million dollars. months-of-supply of inventory. times a year. the annual inventory holding cost of 2 and the inventory holding cost of such a computer is $
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