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10.5 Projecting Revenues, Cost of Goods Sold, and Inventory. Use the following hypothetical data for Walgreens in 2021 and 2022 to project revenues, cost of
10.5 Projecting Revenues, Cost of Goods Sold, and Inventory. Use the following hypothetical data for Walgreens in 2021 and 2022 to project revenues, cost of goods sold, and inventory for Year +1 . Assume that Year +1 revenue growth rate, gross profit margin growth rate, and inventory turnover will be identical to 2022. Project the average inventory balance in Year +1 and use it to compute the implied ending inventory balance
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