Evaluate by how much will inventory change

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Question: ABC Company's Inventory Turnover Ratio (COGS basis) is 5.1 and is expected to remain constant. If the cost of goods solds is expected to change this year from 343,000 to 408,000, by how much will inventory change? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131930524

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