If the weeks of supply is 10 and the average aggregate inventory value is $1,000,000, what is the cost of goods sold?
Fill in the blank(s) with the appropriate word(s).
$5,200,000
Manipulating Equation 16.2: (Average aggregate inventory value × 52)/weeks of supply = Cost of goods sold = $52,000,000/10 = $5,200,000.
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