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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 =$22.0+0.125

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 =$22.0+0.125 (Sales). The company expects sales of $290.0 million during the current year, and it expects sales to grow by 30% next year. What is the inventory forecast for next year? All dollars are in millions. a. $47.4 million b. $113.1 million c. \$69.1 million d. $87.0 million e. $58.3 million

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