Boost your Grades with us today!


2. Cheap Retailers The following table shows financial data (year 2006) for Dirt Cheap Wholesale and Kwiki-Mart, two US retailers. DIRT CHEAP KWIKI-MART WHOLESALE SI ORES 40894 Inventories (SM) Sales (net SM) COGS (SM) 4754 59217 52762 397206 326606 Assume that both companies have an average annual holding cost rate of 20% (ie, t costs both retailers $2 to hold an item that they procured for $10 for one entire year). a. How many days, on average, does a product stay in Dirt Cheap’s inventory before it is sold? Assume that stores operate 365 days a year b. How much lower (expressed in S’s) is, on average, the inventory cost for Dirt Cheap compared to Kwiki-Mart of a house hold cleaner valued at $5 COGS? Assume that the unit cost of the household cleaner is the same for both companies and that the price and the inventory turns of an item are independent.


15% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!

Why US?

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.