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Home Depot's annual turns are 4 . 9 , its Cost of Goods Sold ( COGS ) is $ 4 4 . 7 Billion, and

Home Depot's annual turns are 4.9, its Cost of Goods Sold (COGS) is $44.7 Billion, and its gross margin is 33%. Recall, gross margin =(Revenue - COGS)/ Revenue. Wh
at is the average inventory it holds in $ Billion? (Two decimals.)

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