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Your assistant has provided you the information (in the table) about Hollister's operating and cash cycles. For some reason, your assistant forgot to the include
Your assistant has provided you the information (in the table) about Hollister's operating and cash cycles. For some reason, your assistant forgot to the include the amount of inventory. What is Hollister's inventory?
Selected Financial Infromation for Hollister Inc. | |||
Sales | 4,169,470 | Inventory Period | |
COGS | 2,236,988 | Acc Receive Period | 29.34 |
Net Income | 1,697,010 | Acc Pay Period | 23.40 |
Accounts Receivable | 335,113 | Operating Cycle | 132.51 |
Inventory | Cash Conversion Cycle | 109.11 | |
Accounts Payable | 143,395 |
a. 602 202
b. 632 312
c. 572 092
d. 657 087
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