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Your company uses stock-to-sales ratios for planning end-of-the-month and beginning-of-the-month inventory levels. If you've forecasted sales for the month of February to be $240,000 and

Your company uses stock-to-sales ratios for planning end-of-the-month and beginning-of-the-month inventory levels. If you've forecasted sales for the month of February to be $240,000 and you are given a 1.5 stock-to-sales ratio, then what level of inventory should you have at the beginning of March?

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