Pepsicos cfo uses this equation which was developed by, Ask an Expert

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Pepsico's CFO uses this equation, which was developed by regressing inventories on sales over the past 5 years, to forecast inventory requirements: Inventories = $24.4 + 0.234 x (Sales). The company expects sales of $400 during the current year, and it expect sales to grow by 18% next year. What is the inventory forecast for next year? All dollar amounts are in millions.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91935759

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