Need projected change

(dollars in thousands) End of Year (projected) of Year 582,500 nventory $384,610 Current Year (projected) Cost of goods sold $7,283,566 5.00 points Required 1. Compute the inventory turnover ratio based on two different assumptions: (Round your answers to 1 decimal place.) a. Those presented in the above table (a decrease in the balance in inventory) b. No change from the beginning-of-the-year inventory balance. No Change Projected from Beginning Change of Year Inventory turnover ratio 12.5