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A corporation is projecting annual sales at S35 million, cost of goods sold (COGS) at...

A corporation is projecting annual sales at S35 million, cost of goods sold (COGS) at S25 million, and administrative expenses at $3 million. In order to meet its corporate inventory turns goal of 5.0, their inventory level must average:

A.

$4.4 million.

B.

$5 million.

C.

$7 million.

D.

$7.6 million.

APICS CLTD Summary

  • Vendor: APICS
  • Product: CLTD
  • Update on: Jul 27, 2025
  • Questions: 150
Price: $52.5  $149.99
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