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PA 10-14 (Algo) An online shoe retailer's annual cost of holding... An online shoe retailer's annual cost of holding inventory is 32 percent. The
PA 10-14 (Algo) An online shoe retailer's annual cost of holding... An online shoe retailer's annual cost of holding inventory is 32 percent. The firm operates with a days-of-supply of 21 days, and assume there are 365 days per year. What is the inventory holding cost (in $s) for a pair of shoes that the firm purchased for $45? Note: Round your answer to 2 decimal places. Inventory holding cost a pair
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