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Question
Speedex, an automobile company, has an annual sales volume of $3 million, cost of goods sold equal to $2 million, total average on-hand inventory of $600,000, and 150 operating days in a year. What is the daily revenue earned by the company?
a. $10,000
b. $20,000
c. $30,000
d. $40,000
Answer
This answer is hidden. It contains 1 characters.
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