Regression and inventories Jasper Furnishings has exist350 million in sales. The company expects that its sales will increase 13% this year. Jasper's CFO uses a simple linear regression to forecast the company's inventory level for a given level of projected sales. On the basis of recent history, the estimated relationship between inventories and sales (in millions of dollars) is as follows. Inventories = exist45 + 0.145(Sales) Given the estimated sales forecast and the estimated relationship between inventories and sales, what are your forecasts of the company's year-end inventory level? Enter your answer in millions. For example, an answer of exist25,000,000 should be entered as 25. exist _________ million What are your forecasts of the company's year-end inventory turnover ratio? ___________