Question
For a company, the inventory turnover ratio is 5. It charges a markup of 16% on its merchandise. Its entire sales operations is on borrowed
For a company, the inventory turnover ratio is 5. It charges a markup of 16% on its merchandise. Its entire sales operations is on borrowed capital on which it pays an annual interest rate of 26 %. All sales are cash.
Its net annual profit (on COGS) after paying interest on loan = _______ %?
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Multifractal Financial Markets An Alternative Approach To Asset And Risk Management
Authors: Yasmine Hayek Kobeissi
1st Edition
1461444896, 978-1461444893
