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The Bawl Corporation supplies alloy ball bearings to auto manufacturers in Detroit. Because of its specialized manufacturing process, considerable work-in-process and raw materials are needed. The current inventory levels are $2,470,000 and $1,566,000, respectively. In addition, finished goods inventory is $1,200,000 and sales (at cost) for the current year are expected to be about 48 million.
Express total inventory as-
a) Weeks of supply
b) Inventory turns
You have developed the following income statement for the Hugo Boss Corporation. It represents the most recent year's operations, which ended yesterday. Sales $ 50,439,375 Va
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Shalit Corporation's 2008 sales were $7 million. Its 2003 sales were $3.5 million. At what rate have sales been growing? Round your answer to the nearest hundredth.
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