This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Fairchild Garden Supply expects $700 million of sales this year, and it forecasts a 10% increase for ... (Read 65 times)

Hunchojack2019!!

  • Full Member
  • ***
  • Posts: 149
on: Aug 7, 2023
Fairchild Garden Supply expects $700 million of sales this year, and it forecasts a 10% increase for next year. The CFO uses this equation to forecast inventory requirements at different levels of sales: Inventories = $29 + 0.31(Sales). All dollars are in millions. What is the projected inventory turnover ratio, using the sales number, for the coming year?

◦

2.20


◦

2.65


◦

2.88


◦

3.00

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Hunchojack2019!! on Aug 7, 2023

KobyRhoads

  • Full Member
  • ***
  • Posts: 160
    • https://anestencreams.com
Reply #1 on: Aug 7, 2023
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly

my web blog tattoo numbing cream (www.anestencream.com)

Hunchojack2019!!

  • Member
  • Posts: 149
Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Long-Range Forecasts Long-Range Forecasts
Compression used to increase circulation when the athlete is clothed. Compression used to increase circulation when the athlete is clothed.
Hospitalization per year Hospitalization per year
Marginal Supply - Demand Curve Marginal Supply - Demand Curve
Use a graphical method to find the length of the loan to the nearest year Use a graphical method to find the length of the loan to the nearest year
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library