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Macys has the following: Sales= $ 15,000,000. Inventory = $ 2,000,000. Accts. receivable = $3,000,000. Accts. Payable = $ 1,000,000. Cost of Goods Sold =
- Macys has the following:
Sales= $ 15,000,000.
Inventory = $ 2,000,000.
Accts. receivable = $3,000,000.
Accts. Payable = $ 1,000,000.
Cost of Goods Sold = 80% of sales and interest on a bank loan is 80%
What Is its cost of Capital?
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Personal Finance
Authors: Jeff Madura
6th Edition
0134082915, 9780134082912
