Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

Charlie's Cycles Inc. has $110 million in sales. The company expects that its sales will increase 5% this year. Charlie's CFO uses a simple linear regression to forecast the company's inventory level for a given level of projected sales. On the basis of recent history, the estimated relationship between inventories and sales (in millions of dollars) is as follows:

Inventories = $9 $ 0.0875(Sales)

Given the estimated sales forecast and the estimated relationship between inventories and sales, what are your forecasts of the company's year-end inventory level and its inventory turnover ratio?

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M946295

Have any Question? 


Related Questions in Basic Finance

1 describe the basic problem that threatens internal

1. Describe the basic problem that threatens internal validity for nonequivalent group designs. 2. Give an example of a between-subjects nonexperimental design and a between subjects quasi-experimental design. Explain wh ...

Go to yahoo and download recent balance sheets for

Go to Yahoo! and download recent balance sheets for Microsoft, Merck, Archer Daniels Midland, and General Mills (ticker symbols MSFT, MRK, ADM, and GIS, respectively). Calculate several debt ratios for each company and c ...

1 show that when you apply node splitting to a nonreducible

1. Show that when you apply node splitting to a nonreducible ow graph, and then perform T1-T2 reduction on the resulting split graph, you wind up with strictly fewer nodes than you started with. 2. What happens if you ap ...

1 what are some of the factors that make up a communitys

1. What are some of the factors that make up a community's economic profile? How do these factors influence that community's disaster risk? 2. Visit FEMA's disaster declaration archive at http://www.fema.gov/news/disaste ...

Assignmentas a consultant you need to develop an in-depth

Assignment As a consultant, you need to develop an in-depth analysis and evaluation of the selected agency's budgeting and then provide recommendations for improvement. Therefore, you will conduct interviews with agency ...

Actions for cash flow and capital budgetingwhat countryies

Actions for 'Cash Flow and Capital Budgeting' What country(ies) do you think is(are) presently attractive for U.S. corporations seeking foreign direct investment opportunities? Take into account any geopolitical/economic ...

Describe the liquidity premium what are its uses in

Describe the liquidity premium. What are its uses in determining the term structure of interest rate?

Who are the players in the government sector what is the

Who are the players in the government sector? What is the distinction between a government-owned corporation and a government-sponsored enterprise? What is the distinction between a depository financial institution and a ...

Question 1 outline the differences between common stock and

Question 1: Outline the differences between common stock and preferred stock? Question 2: What are the differences between capital projects that are independent, mutually exclusive, and contingent? Question 3: Cortez Art ...

How do options on futures differ from options on the asset

How do options on futures differ from options on the asset underlying the futures? The open interest in a futures contract changes from day to day. Suppose that investors holding long positions are divided into two group ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro