1. Calculate the gross profit percentage for each company.

2.calculate the inventory turnover ratio for each company.

3 calculate the days in inventory for each company.

Walmart In Millions of Dollars Target In Millions of Dollars Cost Co In Millions of Dollars (Adapted for Classroom Use) Excerpts From Income Statement: 2016 2015 2016 2015 2016 2015 69,495 73,785 116,703 113,666 2,533 485,873 482,13069,495 73,785 119,349 116,199 481,317478,614 Sales Revenue, net Membership Revenue Total Revenue Cost of Goods Sold Selling and Administrative Expenses101,85397 Net Income 4,556 3,516 0 0 2,646 361,256 360,984 48,872 51,997 102,901 101,065 12,146 11,510 97,041 15,654 16,258 2,737 3,363 14,29315,080 2,350 2,377 Cost Co Walmart In Millions of Dollars Target In Millions of Dollars In Millions of Dollars Adapted for Classroom Use) Cash Inventory Excerpts From Balance Sheet 2016 2015 2016 2015 3,379 4,801 8,969 8,908 2016 2015 6,8678,705 2,512 4,046 8,309 8,601 43,046 44,469 Plant Property & Equipement, net 107,710 110,171 24,658 25,217 17,043 15,401 137,431 40,262 33,163 33,017 15,575 16,539 4,061 4,852 Total Assets 198,825 199,58 Current Liabilities Long Term Debt Common Stock Retained Earnings Total Liabilities and Equity 2,6762,122 89,354 89,354 198,825 199,581 66,928 64,61912,708 12,622 51,362 51,351 13,770 14,683 5,707 5,398 5,884 8,188 37,431 40,262 5,492 7,686 5,220 33,163 33,017