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The following is the statement report of a company Annual sales $20,000,000 Cost of goods sold $6,600,000 Inventory $5,750,000 Net Income $2,300,000 Annual sales provide the revenue collected for the year. Cost of goods sold is the dollar amount spent on purchasing the goods. Inventory is the average dollar amount in inventory Net Income is the profit for the year. How much does this company sell per month? In other words, we are looking for the flow rate in dollars per month.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93080673

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