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ABC Company's Inventory Turnover Ratio (COGS basis) is 5.2 and is expected to remain constant. If the cost of goods solds is expected to change
ABC Company's Inventory Turnover Ratio (COGS basis) is 5.2 and is expected to remain constant. If the cost of goods solds is expected to change this year from 258,000 to 279,000, by how much will inventory change? (if the answer is negative, remember to input the negative sign in your answer).
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