$3$: Financial Planning and Forecasting: Using Regression to Improve Forecasts ratio of asset to sales will change as the size of the firm increases. Regression analysis can lead to improved financial forecasts and better information which can be used to improve management's actions. basis of recent history, the estimated relationship between inventories and sales $($in millions of dollars$)$ is as follows:

Inventories $=$$$9+0\mathrm{.}07(Sales)$

$10\mathrm{.}55.$ Do not round intermediate calculations. Round your answer to two decimal places.

$$,$ million

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