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Using Excel, develop a spreadsheet detailing their; Annual Cost of Goods Sold $, Inventory Level $, and then calculate their Inventory Holding $ (use 25% of their inventory level $) and their Inventory Turnover Ratio. Cost of Goods Sold $ can be found on the Income Statement and Inventory $ can be found on the Balance Sheet. The Inventory holding cost and Turnover Ratio calculations must be performed in Excel using a formula. Format your spreadsheet to look professional.
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HM assignment2