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Given the Information in the Table Below,find Inventory Investment for 2007

question 44

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Given the information in the table below,find inventory investment for 2007.
 Date  Level of Inventory  January 1, 2007 $850 million  April 30,2007 775 million  September 1, 2007 940 million  December 31, 2007 870 million \begin{array} { c c } { \text { Date } } & \text { Level of Inventory } \\\text { January 1, 2007 } & \$ 850 \text { million } \\\text { April 30,2007 } & 775 \text { million } \\\text { September 1, 2007 } & 940 \text { million } \\\text { December 31, 2007 } & 870 \text { million }\end{array}

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Definitions:

Employee Stock Options

A benefit offered by companies to employees, allowing them to purchase company stock at a predetermined price, typically as a form of incentive.

Market Value

The current price at which an asset or service can be bought or sold in an open market.

Repriced

Adjusted to a new price level, often in the context of securities, goods, or services to reflect changes in market conditions.

European Call Option

A European call option is a type of options contract that gives the holder the right, but not the obligation, to buy an underlying asset at a specific price only on the expiration date.

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