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Consider Ace Appliances, a firm with an annual net income of $20 million, revenue of $60 million and cost of goods sold of $25 million.
Consider Ace Appliances, a firm with an annual net income of $20 million, revenue of $60 million and cost of goods sold of $25 million. If the balance sheet amounts show $2 million of inventory and $500,000 of property, plant & equipment, how many weeks of supply does the firm hold? Group of answer choices
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