Consider a firm with a 2012 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
Correct Answer:
Verified
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