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This year, ABC expects sales of $200,923,000 and a gross profit margin of 25.8 percent this year, along with an Inventory Turnover Ratio (COGS Basis) of 6.10. What is ABC's projected level of inventory, given these numbers?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M93051276

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