Account Cost of goods sold Inventory Company X $4,000,000 $ 354,000 Company Y $8,702,500 Company Z $6,508,000 $ 597,000 $ 483,600 Assuming that longer inventory holding periods act to increase expenses, which of the three companies wo expected to have the lowest inventory holding costs? Multiple Choice All three companies have equal holding costs Company X Company Y C Company Z 9 < Prev 5 of 50 Next >