Access the 2002 annual 10-K report for Oakley, Inc. (Ticker OO), filed on March 31, 2003, from

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Access the 2002 annual 10-K report for Oakley, Inc. (Ticker OO), filed on March 31, 2003, from the EDGAR filings at www.SEC.gov.

Required 1. What product does Oakley sell that is especially popular with college students?

2. What inventory method does Oakley use? (Hint: See the notes to its financial statements.)

3. Compute Oakley’s gross margin and gross margin ratio for the current year.

4. Compute Oakley’s inventory turnover and days’ sales in inventory for the current year.

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Fundamental Accounting Principles

ISBN: 9780072946604

17th Edition

Authors: Kermit D. Larson, John J Wild, Barbara Chiappetta

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Question Posted: May 31, 2024 03:02 AM

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Access the 2002 annual 10-K report for Oakley, Inc. (Ticker OO), filed on March 31, 2003, from

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Fundamental Accounting Principles

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