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Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.46 million and inventory was
Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.46 million and inventory was $1.48 million. This year, costs of goods sold is $8.63 million and inventory investment is $1.65 million. a) What was its weeks of supply last year? weeks (round your response to two decimal places)
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