Question: please answer parts 2 and 3 also please You've collected the following information for the most recent financial year of HH Rose: - Revenue: $232
please answer parts 2 and 3 also please
You've collected the following information for the most recent financial year of HH Rose: - Revenue: $232 million - Fraction of sales on credit: 80% - Gross profit margin: 6% - Average collection period: 68 days - Payables period: 52 days - Inventory turnover: 6 COGS Part 1 Attempt 3/10 for 10 pts. What was the accounts receivable balance at the end of the year (in $ million)? What was inventory at the end of the year (in $ million) Part 3 Attempt 1/10 for 10pt What was the accounts payable balance at the end of the year (in $ million)
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