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Could you estimate its average inventory

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1. If a company has sales of $10 million, a gross profit percentage of 35%, and days in inventory of 110, could you estimate its average inventory? Show your calculations.

Reference no: EM13979555

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Could you estimate its average inventory : If a company has sales of $10 million, a gross profit percentage of 35%, and days in inventory of 110, could you estimate its average inventory? Show your calculations.
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