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A Firm with a Stockturn Rate of 5 Sells Products

question 14

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A firm with a stockturn rate of 5 sells products that cost it $100,000. Its annual inventory carrying cost is about 20 percent of the inventory value. What is its annual inventory carrying cost?

Understand the ethics and consequences of communication in dispute resolution.
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Comprehend the computation methods for inventory days and turnover.
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