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Brief Exercise 24-9 Your answer is incorrect. Try again. Swifty Company's budgeted sales and budgeted cost of goods sold for the coming year are $154,740,000

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Brief Exercise 24-9 Your answer is incorrect. Try again. Swifty Company's budgeted sales and budgeted cost of goods sold for the coming year are $154,740,000 and $100,170,000, respectively. Short-term interest rates are expected to average 10%. If Swifty can increase inventory turnover from its present level of 9 times a year to a level of 10 times per year. Compute its expected cost savings for the coming year. Expected Cost Savings 122411

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