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 how is preferred stock different from common stock2 what

1. How is preferred stock different from common stock? 2. What is a prospectus? 3. Describe the role of the underwriting syndicate in a firm-commitment offering. 4. Why is the relationship between an investment banker an ...

Write an introduction for a reporttampc a consumer products

Write an introduction for a report T&C, a consumer products company, has long been known for its product development prowess. You were recently hired by the company's public affairs department to manage the development o ...

1 what is the difference between the assignment of a

1. What is the difference between the assignment of a take-out commitment to the construction lender and a triparty agreement? If neither device is used in project financing, what is the relationship between lenders in s ...

Determine the sources of capital for canon inc ticker jcnn

Determine the sources of capital for Canon Inc. (ticker: J:CN@N) in each of the last five years. How much capital was raised through internal sources, and how much was raised through external sources? Compare the sources ...

1 list and briefly discuss the key features that

1. List and briefly discuss the key features that distinguish long-term debt issues from each other. 2. Define the following: term loan, balloon payment, collateral, and stock purchase warrants. 3. What is a syndicated l ...

1 what is the advantage of using multiple measures for a

1. What is the advantage of using multiple measures for a single variable? What is the disadvantage? 2. Briefly explain how a ceiling effect (or floor effect) can affect the outcome of a research study.

You have been asked to evaluate the effects of a new

You have been asked to evaluate the effects of a new educational video that was developed to reduce racial prejudice among adolescents. You plan to administer a pretest measure of racial attitudes to 60 adolescent partic ...

Define the endurance limit of a bolt which is greater the

Define the endurance limit of a bolt ? Which is greater, the static yield strength or the endurance limit of the bolt? When will an increase in preload increase fatigue life? When will an increase in preload decrease fat ...

1 compare and contrast manufacturing and geographic

1. Compare and contrast manufacturing and geographic postponement. 2. Define and illustrate cash-to-cash conversion, dwell time minimization, and cash spin. How do supply chain strategy and structure impact each? 3. Disc ...

1 design an observational study of your own including the

1. Design an observational study of your own, including the creation of a set of behavioral categories that would be used to code for one or more variables of interest to you. Indicate the decisions that you have made re ...

  • 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

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

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen