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Coca-Cola's annual revenue is $33014 and cost of goods sold is $13433. The firm's accounts receivable is$3144 and inventory is $3266. Coca-Cola accounts payable is
Coca-Cola's annual revenue is $33014 and cost of goods sold is $13433. The firm's accounts receivable is$3144 and inventory is $3266. Coca-Cola accounts payable is $3517. Given an interest rate of 5%. What is the annual cost of financing the firm's working capital requirement?
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