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A small business financial data show that its inventory level of an item held steady at 1 0 0 0 units during the first 9

A small business financial data show that its inventory level of an item held steady at 1000 units during the first 9 months of the year. Sales accelerated during the last quarter in time for Christmas shopping, ending the year with only 20 units left in stock. The company estimates the total inventory cost at $.10 per unit per day. It sells the item at $190 per unit, a markup of 60% over cost. Assess the companys inventory situation based on (a) simple inventory average based on starting and ending levels, and (b) the actual inventory average.
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