Given that VF's factories require an average investment of 12. 5 million, and assuming that (i) raw materials need to be financed for the period of the lead time and (ii) each supplier makes 5 million pairs of jeans per year, what is the total capital investment required for each of VF owned?
a) 12. 5 million
b) 25 million
c) 37. 5 million
d) 50 million