A financial manager needs to forecast the level of inventory. Currently inventory is 60 percent of sales. If the anticipated level of sales is $20,000, what is the level of inventory forecasted by the percent of sales method of forecasting? If the equation relating inventory and sales is I = $789 + 0.54S, what is the level of inventory forecasted by the regression equation?

Question

​A financial manager needs to forecast the level of inventory. Currently inventory is 60 percent of sales. If the anticipated level of sales is $20,000, what is the level of inventory forecasted by the percent of sales method of forecasting? If the equation relating inventory and sales is I = $789 + 0.54S, what is the level of inventory forecasted by the regression equation?

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The Answer of ​A financial manager needs to forecast the level of inventory. Currently inventory is 60 percent of sales. If the anticipated level of sales is $20,000, what is the level of inventory forecasted by the percent of sales method of forecasting? If the equation relating inventory and sales is I = $789 + 0.54S, what is the level of inventory forecasted by the regression equation?

​A Financial Manager Needs to Forecast the Level of Inventory

A Financial Manager Needs to Forecast the Level of Inventory