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?

Suppose the price of frozen yogurt, a substitute for ice cream, increases. what happens to equilibrium price and quantity of ice cream? a. the price and quantity of ice cream both increase b. the price and quantity of ice cream both decrease c. the price of ice cream increases and the quantity decreases d. the price of ice cream decreases and the quantity increases

Any point on a country's production possibilities frontier represents a combination of two goods that an economy:

When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations