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Jasper Furnishings has $275 million in sales. The company expects that its sales will increase 14% 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=$45+0.165(Sales) Given the estimated sales forecast and the estimated relationship between inventories and sales, what are your forecasts of the company's yearend inventory level? Enter your answer in millions of dollars. Do not round intermediate calculations. Round your answer to three decimal places. million What are your forecasts of the company's year-end inventory turnover ratio assuming that its cost of goods sold is 75% of sales? Do not round intermediate calculations. Round your answer to two decimal places