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Title: Suppose that Kamath-Meier Corporations CFO uses this equation, which was developed by regressing ... Post by: onlineerica on Jul 30, 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? ▸ $163.0 ▸ $166.2 ▸ $167.5 ▸ $169.0 Title: Re: Suppose that Kamath-Meier Corporations CFO uses this equation, which was developed by regressing ... Post by: BAGrinder on Jul 30, 2023 Content hidden
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