Business, 03.11.2020 16:50, allenpaietonp9v8sv

Home Depot’s annual turns are 5.74, its Cost of Goods Sold (COGS) is $48.15 Billion, and its gross margin is 33%. Recall, gross margin = (Revenue – COGS) / Revenue. What is the average inventory it holds in $ Billion? Blank 1. Calculate the answer by read surrounding text.

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Home Depot’s annual turns are 5.74, its Cost of Goods Sold (COGS) is $48.15 Billion, and its gross m...