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Total Annual Cost - Holding cost question

Former userFormer user7y ago

[Content removed at user request]

John MoffatJohn MoffatTutor7y ago#1
Because the question actually says "the holding cost is 10% of the value of the inventory". I explain this (and why) in my free lectures. The lectures are a complete free course for Paper F2 (MA) and cover everything needed to be able to pass the exam well.
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