Please show steps and solve in Excel. Please complete by 11:30 pm ET so I have time to use this to study A.

Solve in Excel. Fashion Nova is a fast fashion retailer. It's customers return about 10% of the daily sales amount for a full refund. Fashion Nova's COGS to Sales is averages about 70%. Fashion Nova has $5,000,000 in sales 12/15/2015. Assuming Fashion Nova follows GAAP, what is the estimated inventory return asset in relation to the sales on 12/15/2015? B. Solve in Excel. Hallmark sells gift supplies to Dollar Tree stores. Under contract on 12/1/2013, Hallmark offers Dollar Tree a rebate of $15,000 if Dollar Tree is able to sell 10% more Hallmark products over three months (compared to last year). Dollar Tree will receive the rebate 4/30/2014. The companies agree that sales should realistically increase by 10% based on previous strategic collaborations.

At year-end (12/31/13), Hallmark does not know how much Dollar Tree has sold.

Should Hallmark record a liability for the rebate on 12/41/13? If so, how much would the estimated liability be?