Question
ACT5725 Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry. AutoZone O'Reilly Average 2015 Inventory $3,290,867 $2,602,901 2015
ACT5725
Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry.
| AutoZone | O'Reilly | |
|---|---|---|
| Average 2015 Inventory | $3,290,867 | $2,602,901 |
| 2015 Sales | 10,265,117 | 8,044,451 |
| 2015 Cost of goods sold | 4,860,309 | 3,804,031 |
| Average 2014 Inventory | $3,010,556 | $2,474,917 |
| 2014 Sales | 9,553,090 | 7,293,858 |
| 2014 Cost of goods sold | 4,540,406 | 3,507,180 |
Use the information above to compute the companies' gross profit margin and days inventory outstanding for both years. Round answers to one decimal place (ex: 0.2345 = 23.5%).
| Gross Profit Margin | ||
|---|---|---|
| AutoZone | O'Reilly | |
| 2015 | Answer% | Answer% |
| 2014 | Answer% | Answer% |
Round to answers to one decimal place.
| Days Inventory Outstanding | ||
|---|---|---|
| AutoZone | O'Reilly | |
| 2015 | Answer days | Answer days |
| 2014 | Answer days | Answer days |
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1st Edition
1032057734, 978-1032057736
