logo

Crowdly

A company sells 35,000 units per week. The COGS of a unit is 5 Euros, the sales...

✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.

A company sells 35,000 units per week. The COGS of a unit is 5 Euros, the sales price is 7.1 Euros. The company has fixed assets of 5.8 million Euros, and 7 weeks of (finished goods) inventory. A year has 52 weeks.

Determine the inventory value of the company (in Euros).

(Please enter only the final number. Do not include a unit or other text in your response. Use decimal points (##.00), not commas!)

More questions like this

Want instant access to all verified answers on moodle.essec.fr?

Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!