FINANC. MANGERIAL ACCT. W/CONNECT (LL)
7th Edition
ISBN: 9781307257991
Author: Wild
Publisher: MCG/CREATE
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Chapter B, Problem 11E
To determine
Annuity:
An annuity refers to a series of fixed
To identify: The borrowed money.
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SUBJECT: FINANCIAL ACCOUNTING
General Accounting Question please answer
A company carries an average annual inventory of $8.3 million if it estimates the cost of capital is 11% so much costs are 7% and risk calls are 12%. What does it cost per year to carry this inventory?
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FINANC. MANGERIAL ACCT. W/CONNECT (LL)
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