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The Cost of Capital for Goff Computer, Inc. You have recently been hired by Goff Computer, Inc…. 1 answer below » The Cost of Capital for Goff Computer, Inc. You have recently been hired by Goff Computer, Inc. (GCI), in the finance area. GCI was founded eight years ago by Chris Goff and currently operates 74 stores in the Southeast. GCI is privately owned by Chris and his family and had sales of $97 million last year. GCI primarily sells to in-store customers. Customers come to the store and talk with a sales representative. The sales rep assists the customer in determining the type of computer and peripherals that are necessary for the individual customer’s computing needs. After the order is taken, the View complete question » The Cost of Capital for Goff Computer, Inc. You have recently been hired by Goff Computer, Inc. (GCI), in the finance area. GCI was founded eight years ago by Chris Goff and currently operates 74 stores in the Southeast. GCI is privately owned by Chris and his family and had sales of $97 million last year. GCI primarily sells to in-store customers. Customers come to the store and talk with a sales representative. The sales rep assists the customer in determining the type of computer and peripherals that are necessary for the individual customer’s computing needs. After the order is taken, the customer pays for the order immediately, and the computer is assembled to fill the order. Delivery of the computer averages 15 days, but is guaranteed in 30 days. GCI’s growth to date has been financed from its profits. Whenever the company had sufficient capital, it Attachments: Q..docx Q.-Attachment….docx View less » Sep 22 2015 07:16 PM
