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Unformatted text preview: Annual Net Profit= $1,750,000.00 $1,900,000.00 E) Annual Cost= $357,582.56 (150,000=cost of achieving an 85 day average of inventory F) The firm should incur the annual cost to achieve the industry level of operational efficiency because the cost will be less than the profit, resulting in an increase in net income. ry)...
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This note was uploaded on 02/21/2011 for the course ACFI 385 taught by Professor Long during the Spring '10 term at Bridgewater State University.
- Spring '10