Question 17 4 pts 17. Hollyhock Co. currently has sales of $4,800,000 and inventory of $400,000. The company believes it can manage its inventories better next year and increase its inventory turnover ratio to 16x, while maintaining the same level of sales (S4,800,000). The cash freed up will be used to buy back stock at $25 per share. How many shares can Hollyhock buy with the cash freed up? O a. 2,000 o b. 4.000 O c. 8,000 O d. 12,000 4 pts