Click here to read the eBook: Using Regression to Improve Forecasts REGRESSION AND INVENTORIES Jasper Furnishings has $375 million in sales. The company expects that its sales ill increase 10% this year aspers CFO uses a simple linear regression recast 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-$35 0.255(Sales) a. 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 $25,000,000 should be entered as 25. Round your answer to two decimal places million b. What are your forecasts of the company's year-end inventory turnover ratio? Round your answer to two decimal places