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What is forecast for inventory

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A company has a forecast of $730,000 of Cost of Goods Sold for the year. It has a goal of getting its Days of Inventory down to 20 days of Inventory and has set its forecast on 20 days of Inventory. Based on the $730,000 of Cost of Goods Sold and its forecast of 20 days of Inventory, what is its forecast for Inventory $ (enter in whole $; do not include $ sign)?

Reference no: EM132798412

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