In its 2006 annual report, Deere and Company reported inventory of $1,957.3 million on October 31, 2006,

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In its 2006 annual report, Deere and Company reported inventory of $1,957.3 million on October 31, 2006, and $2,134.9 million on October 31, 2005, cost of goods sold of $15,362 million for the year ended October 31, 2006, and net sales of $19,884 million. Compute Deere and Company’s inventory turnover and the average days to sell inventory for the fiscal year 2006.



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Intermediate Accounting principles and analysis

ISBN: 978-0471737933

2nd Edition

Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso

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