Andrews Corp. ended the year carrying $50,438,929 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Andrews Corp.?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter3: Evaluation Of Financial Performance
Section: Chapter Questions
Problem 14P
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Andrews Corp. ended the year carrying $50,438,929 worth of inventory. Had they sold their entire inventory at their current prices,
how much more revenue would it have brought to Andrews Corp.?
O $50,438,929
O $117,002,279
$33,281,675
$83,720,604
Transcribed Image Text:Andrews Corp. ended the year carrying $50,438,929 worth of inventory. Had they sold their entire inventory at their current prices, how much more revenue would it have brought to Andrews Corp.? O $50,438,929 O $117,002,279 $33,281,675 $83,720,604
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