A company carries an average annual inventory of $2,000,000. If it estimates the cost of capital is 10%, storage costs are 7%, and risk costs are 6%, what does it cost per year to carry this inventory?

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The Answer of A company carries an average annual inventory of $2,000,000. If it estimates the cost of capital is 10%, storage costs are 7%, and risk costs are 6%, what does it cost per year to carry this inventory?

A Company Carries an Average Annual Inventory of $2,000,000