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Use the following information to answer the question(s) below:
Rearden Metal (RM) had $120 million in sales in 2019.Its cost of goods sold was $85 million,and its average inventory balance was $15 million.
-The industry average days of inventory is 75 days.The amount that Rearden would have to increase/decrease its inventory in order to match the industry average is closest to:
Oxygen Supplies
Refers to the availability and provision of oxygen for medical treatment, industrial use, or scientific research.
Uninhabitable Areas
Regions or zones that are unsuitable or unsafe for human habitation due to extreme conditions or contamination.
Paraphrase
To paraphrase is to restate someone else's ideas, message, or text in your own words, often to clarify meaning or to simplify complex information.
Plagiarism
The practice of taking someone else's work or ideas and passing them off as one's own.
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