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Author Question: Suppose that Kamath-Meier Corporations CFO uses this equation, which was developed by regressing ... (Read 37 times)

jmoore1989

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on: Aug 7, 2023
Suppose that Kamath-Meier Corporation’s CFO uses this equation, which was developed by regressing inventories on sales over the past 5 years, to forecast inventory requirements: Inventories = $19 + 0.23(Sales). The company expects sales of $500 million during the current year, and it expects sales to grow by 28% next year. All dollars are in millions. What is the inventory forecast for next year?

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$163.0


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$166.2


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$167.5


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$169.0

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by jmoore1989 on Aug 7, 2023

jojomac20

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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.
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jmoore1989

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Reply 2 on: Aug 7, 2023
Thanks for the timely response, appreciate it

shewald78

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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