Question

27.

Charlotte Brontë Linens Warehouse carries a $1,239,500 inventory. Charlotte Brontë Linens
estimates the annual cost of carrying the inventory at 32% of the inventory value. What is
the approximate annual cost of carrying the inventory?

Answer 1

The annual cost would be approximately 396,640

Answer 2

Hey there!

For this question we want to find 32% of 1239500.

0.32(1239500)=396640.

Hope this helps :)