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Days-of-supply of inventory on average

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Another small chain of fishing tackle stores locates in northern Minnesota. This company's revenue was $4,200,000 and its cost of sales was $3,050,000. Assume 52 weeks and 365 days per year. The business owner keeps only 5.6 days-of-supply of inventory on average, how much inventory does him have on average (in $)?

Reference no: EM132366525

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