A local bookstore turns over its inventory once every 3
A local bookstore turns over its inventory once every 3 months. The bookstore's annual cost of holding inventory is 36%. What is the inventory holding cost (in $) for a book that the bookstore purchases for $10 and sells for $18. Show work please.
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a local bookstore turns over its inventory once every 3 months the bookstores annual cost of holding inventory is 36
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