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The inventory turns for a product with $2,000,000 in COGS (cost of goods sold) changes from 10 to 150 due to improved production operations. What

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The inventory turns for a product with $2,000,000 in COGS (cost of goods sold) changes from 10 to 150 due to improved production operations. What are the an interest savings if the interest rate on the short-term loans used to finance the inventory is 7 percent? _____

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