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LE eBook Problem 9-11 A firm with sales of $490,000 has average Inventory of $220,000. The Industry average for inventory turnover is eight times a

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LE eBook Problem 9-11 A firm with sales of $490,000 has average Inventory of $220,000. The Industry average for inventory turnover is eight times a year. What would be the reduction in Inventory if this firm were to achieve a turnover comparable to the industry average? Round your answer to the nearest dollar

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