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Discuss your findings in part a. What is happening with the firm’s investment in inventory?
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Below is presented a table of data for cost of goods sold and ending inventory for the first six months of 2012 for Wynn Manufacturing, Inc. Dec. Jan Feb Mar Apr May June Cost of goods sold - 1,000. 1,500. 2,100. 2,700. 3,500. 4,800 Ending inventory. - 300. 450. 630. 810. 1,050. 1,440 You may assum...
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