Question
Alphabet Inc. is evaluating its inventory management for the quarter ending December 31, 20X9. The following data is provided: Cost of Goods Sold (COGS):
Alphabet Inc. is evaluating its inventory management for the quarter ending December 31,
20X9. The following data is provided:
● Cost of Goods Sold (COGS): $40,000,000
● Beginning Inventory: $8,000,000
● Ending Inventory: [Calculation 8]
● Average Inventory Turnover: [Calculation 9]
Calculate the following:
a) Ending Inventory b) Inventory Turnover Ratio c) Days Sales of Inventory (DSI) d) Gross Profit
Percentage
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Financial Statement Analysis and Security Valuation
Authors: Stephen Penman
5th edition
78025311, 978-0078025310
