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Please use Excel and show formulas Thanks! Inventory carrying cost = 30% Cost of goods sold = $90,000,000 Other opcrating costs = $50,000,000 Average inventory
Please use Excel and show formulas Thanks!
Inventory carrying cost = 30% Cost of goods sold = $90,000,000 Other opcrating costs = $50,000,000 Average inventory = $10,000,000 Accounts receivable = $30,000,000 Cash = $15,000,000 Net fixed assets = $90,000,000 Interest = $10,000,000 Taxes = 40% of (EBIT-Interest) Current liabilities = $65,000,000 Long-term liabilities = $35,000,000 Stockholders' equity = $45,000,000Step by Step Solution
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