A firm with annual sales of $8,700,000 increases its inventoryturnover from 4.5 to 6.0. How...
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Accounting
A firm with annual sales of $8,700,000 increases its inventoryturnover from 4.5 to 6.0. How much would the company save annuallyin interest expense if the cost of carrying the inventory is10% I'm not for sure on how to calculate the inventory
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