How many weeks of supply does the firm hold

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Consider a firm with a 2007 net income of $20 million, revenue of $60 million and cost of goods sold of $25 million. If the balance sheet amounts show $2 million of inventory and $500,000 of property, plant & equipment, how many weeks of supply does the firm hold?

a. 12.50 b. 5.20 c. 2.60 d. 0.08 e. 4.16

Reference no: EM131133611

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