Inventory Fundamentals: Last year, Trader Bob’s turned its inventory approximately 30 times. COGS were 60% of Sales, and Sales were about $14 billion. What was Trader Bob’s average inventory (in dollars)? [Write out the answer and the calculations]

 Inventory Fundamentals: Last year, Trader Bob’s turned its inventory approximately 30 times. COGS were 60% of Sales, and Sales were about $14 billion. What was Trader Bob’s average inventory (in dollars)? [Write out the answer and the calculations]