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Margetis Inc. carries an average inventory of $750,000. Itsannual sales are $10 million, its cost of goods sold are 75% ofannual sales, and its receivables
Margetis Inc. carries an average inventory of $750,000. Itsannual sales are $10 million, its cost of goods sold are 75% ofannual sales, and its receivables collection period is twice aslong as its 2 answers
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan Marcus
9th edition
