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Author Question: A study by a consultant shows that a company that had $2,000,000 of inventory was holding excess ... (Read 23 times)

fahad

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A study by a consultant shows that a company that had $2,000,000 of inventory was holding excess inventory of $320,000 that could be eliminated with a few process improvements.  It also has $620,000 in marketable securities that yield 5% per year.  What is the estimated annual opportunity cost of holding the excess inventory?
◦ $16,000
◦ $100,000
◦ $31,000
◦ $47,000


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Marked as best answer by fahad on Mar 6, 2021

jlaineee

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fahad

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Reply 2 on: Mar 6, 2021
Excellent


dawsa925

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Reply 3 on: Yesterday
:D TYSM

 

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