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A company wishes to improve efficiency and have 28 days in inventory. If COGS is forecasted as $22,764, what is the targeted inventory amount? Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234. If your result is negative, enter a negative figure, like this: -90.1234 Type your answer...

A company wishes to improve efficiency and have 28 days in inventory. If COGS is forecasted as $22,764, what is the targeted inventory amount? Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234. If your result is negative, enter a negative figure, like this: -90.1234 Type your answer...

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A company wishes to improve efficiency and have 28 days in inventory. If COGS is forecasted as $22,764, what is the targeted inventory amount? Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234. If your result is negative, enter a negative figure, like this: -90.1234 Type your answer...
Transcribed Image Text:A company wishes to improve efficiency and have 28 days in inventory. If COGS is forecasted as $22,764, what is the targeted inventory amount? Enter your answer as a monetary amount rounded to four decimal places, but without the currency symbol. For example, if your answer is $90.1234, enter 90.1234. If your result is negative, enter a negative figure, like this: -90.1234 Type your answer...
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