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A computer company's yearly inventory cost is 49 percent (which accounts for the cost of capital for financing the inventory, warehouse space, and the cost
A computer company's yearly inventory cost is 49 percent (which accounts for the cost of capital for financing the inventory, warehouse space, and the cost of obsolescence). Last year, the company had $450 million in inventory and cost of goods sold of $39 billion
What is the company's total inventory cost for the year (in million $s)?
Note: Round your answer to the nearest integer.
Total inventory cost:____________ Million
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