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Assume that Zybo, Inc. has sales of $10 million and inventory of $2 million. The company uses the percent-of-sales method for long-term forecasting. If Zybo
Assume that Zybo, Inc. has sales of $10 million and inventory of $2 million. The company uses the percent-of-sales method for long-term forecasting. If Zybo expects to generate sales of $14 million this coming year, how much would the company invest in inventory? a.$3.2 million b.$2.0 million c.$1.4 million d.$2.8 million
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