Your CFO told you that your Cost of Goods Sold (COGS) increased this year by...
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Accounting
Your CFO told you that your Cost of Goods Sold (COGS) increased this year by 10% to $24mm after you increased your capacity by operating 365 days/year. Your average inventory level was $4mm. Assuming that your company only produced a single product, how many days does it take on average to produce that product?
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