Inventory Management Wella Sons last year reported sales of 529 mon cont of goods sold (COGS) of 24 million, and an inventory umover of the coming new inventory with me system is able to reduce the firm's inventory level and in the firm's entory turnover ratio to while maintaining the and her Dround Intermediate actions Enter your answer incontro man answer of 12 minube entered 1,230.000.000 5 Inventory Management Williams & Sons last year reported sales of $29 million, cost of goods sold (COGS) of $ system is able to reduce the firm's inventory level and increase the firm's inventory turn intermediate calculations. Enter your answer in dollars. For example, an answer of $1.2. $ 5) of $24 million, and an inventory tumover ratio of 4. The company is now adopting a new inventory system. If the new pry turnover ratio to 6 while maintaining the same level of sales and COGS, how much cash will be freed up? Do not round of $1.23 million should be entered as 1,230,000,000. Round your answer to the nearest dollar