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What is the projected inventory turnover ratio

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Question - Fairchild Garden Supply expects $600 million of sales this year, and it forecasts a 15% increase for next year. The CFO uses this equation to forecast inventory requirements at different levels of sales: Inventories = $30.2 + 0.25 (Sales). All dollars are in millions. What is the projected inventory turnover ratio for the coming year?

Reference no: EM133094955

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