Abc companys inventory turnover ratio cogs basis is 73 and, Finance Basics

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Abc companys inventory turnover ratio cogs basis is 73 and

Question: ABC Company's Inventory Turnover Ratio (COGS basis) is 7.3 and is expected to remain constant. If the cost of goods solds is expected to change this year from 333,000 to 318,000, by how much will inventory change? (if the answer is negative, remember to input the negative sign in your answer).

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Finance Basics: Abc companys inventory turnover ratio cogs basis is 73 and

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