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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 51 times)

fahad

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on: Mar 6, 2021
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
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by fahad on Mar 6, 2021

jlaineee

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fahad

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

amynguyen1221

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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