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Fairchild Garden Supply expects $700 million of sales this year, and it forecasts a 15% increase for next year. The CFO uses this equation to

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Fairchild Garden Supply expects $700 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? 2.78 times 2.82 times 4.35 times 3.79 times 3.48 times

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