Final answer:
The expected inventory for April 2008 cannot be calculated with the information provided, which focuses on profits of S&P 500 companies post-recession.
Step-by-step explanation:
The expected inventory at the end of April 2008 cannot be determined from the information given.
The data provided talks about the recovery of S&P 500 companies' profits after taxes post-recession, focusing on the period between the end of the recession in 2009 and the second quarter of 2013. It states that profits grew by 9.7% despite a weak economy, with cost cutting and reductions in input costs being major contributors.
However, without specific inventory data for April 2008, it's impossible to calculate the expected inventory for that period.
The complete question is: What is the expected inventory at the end of April 2008? is: