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

The Answer is in the image, click to view ...

Question: 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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Previous Page Next Page Page 19 of 38 Question 19 (1 point) Yesterday, Macallan Corp paid out $1.5196B in dividends and repurchased $4.5760B worth of shares. Macallan has 1.22B shares outstanding and...

Your assistant has provided you the information (in the table) about Tootsie Roll's operating and cash cycles. For some reason, your assistant forgot to the include the amount of inventory. What is...

Survey of Accounting comprehensive question. Complete and fill out the balance sheet below with the given information. Page > of 5 ZOOM + All of these items should be clearly identifiable and...

1.Calculate the following ratios and filled in the worksheet for ratios. LIQUIDITY RATIOS: A. Net working capital for Walgreens Net working capital for CVS Analysis:What do the results of this...

Need detailed SWOT Analysis Of this Case. & 500 Words Overview. STATEMENT OF CASH FLOWS: PREPARATION, ANALYSIS & LINKAGES How was Lucky Cement Limited Company able to invest Rs. 5.6 billion in a...

Would you be able to put together another monthly cash flow analysis, this time for year 1? INCOME STATEMENT Year 1 269,115.00 48,930.00 20,388.00 338,433.00 $ $ $ $ COGS $ 113,940.00 $ 125,940.00 $...

I need the answers to section IV on Walmart and Target ACCT 6305/SYSM 6337 Pre-Skilling Fall 2016 Table of contents Table of contents I. Basics of Financial Accounting...

Target expects to pay a dividend of $2.80 next year and expects these dividends to grow at 4 % a year. The price of Target is $80 per share. What is Target's cost of equity capital? a . 7.64% b. 7.5...

How important or relevant do you believe purpose-based marketing is for organizations today?

If T - Mobile and Sprint merge ( companies in the same industry ) , then this would be an example of which of the following since they are in the same exact industry? A Conglomerate Horizontal Merger...

Scora Incorporated sells a single product for $ 5 0 per unit. Budgeted sales units for the next three months follow. \ table [ [ Budgeted sales units,January,February,March ] ] Prepare a sales budget...