Question

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manager estimates revenues will bo $4,720,000, cost of goods sold wil be $2,973,600, and operating expenses for this level of sales will be $472,000. Investment in the store asses throughout the year is required. Ace is willing to floor-plan the merchandise so that the Hy store will not have to invest in any inventory. The cost of foor planning would be $127,000 per year Hy's marginal cost of capital is &8 percent Ignore a. what is Hy's Boise store's expected Rol for the coming year ^^ does not carry Ace's appliances? Enter "Ror answer as a percentage rounded to 2 deci nal places Le, 3216 ) Type here to search

Answer 1