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St. Queen Labs, an gas-only car dealership, assigned a 13% holding cost for all of their Honda (car) inventory. Their annual inventory turns for Honda
St. Queen Labs, an gas-only car dealership, assigned a 13% holding cost for all of their Honda (car) inventory. Their annual inventory turns for Honda is around six turns per year. Approximately how much does it cost this electric car retailer (per year) to hold a Honda car with a COG of $80,000? Round up to the nearest whole dollar for credit. Do not use the $ sign just numbers.
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