If a company's inventory costs were $3.5 million in 1995 (base period)and $5.95 million in 2002,what is the index number for 2002?
What does it mean?

Name: If a company's inventory costs were $3.5 million in 1995 (base period)and $5.95 million in 2002,what is the index number for 2002? What does it mean?
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The Answer of If a company's inventory costs were $3.5 million in 1995 (base period)and $5.95 million in 2002,what is the index number for 2002?
What does it mean?

If a Company's Inventory Costs Were $3