Assignment: Week 6 Homework Submit Assignment for Grading Problem 16-01 Check My Work Problem 16-1 Cash Management wiams & Sons last year reported sales of $5 million and an inventory turnover ratio of 2.4. The company is now adopting a new inventory system. If the new system is able to reduce the firm's inventory level and increase the firm's inventory tumover robi to 5.4 while maintaining the same of much will be freed up? Round your answer to the nearest dollar Check My Work Save Sumit Ansignment for Grading MacBook Air