If an online retail store has cost of goods sold equal to $2 million, has 200 operating days in a year, and has a total average on-hand inventory of $500,000, the cost of goods sold per day is _____.
A) $2,500
B) $15,000
C) $7,500
D) $10,000
Correct Answer:
Verified
Q2: _is inventory that has been ordered but
Q3: A(n)_is any entity-real or virtual-that coordinates and
Q4: Managing orders, transportation, and distribution to provide
Q5: TekSupply Inc., an automobile parts supplier, held
Q6: A high average inventory value reduces the
Q7: Cash-to-cash conversion cycle is the average time
Q8: Air shipments have the lowest transportation cost
Q9: The _ function of a supply chain
Q10: _is the discipline of managing the flow
Q11: Electronic data interchange and Internet links decrease
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