Question
analyzing inventory for two retail groceries companies carrefour group and Tesco plc compete head to head in the grocery space in the UK Ireland Central
analyzing inventory for two retail groceries companies carrefour group and Tesco plc compete head to head in the grocery space in the UK Ireland Central Europe and North Africa. the following information comes from their 2018 annual reports.
a) calculate gross profit margin for each year for both companies. (round percentage to one decimal place)
b) determine the common size inventory for each year for both companies. (round percentage to one decimal place)
c) compute turnover and days average inventory outstanding for 2018. (I'm not round until your final answer; found your final answer to one decimal place)
Analyzing Inventory for Two Retail Grocery Companies Carrefour Group (headquartered in Boulogne-Billancourt, France) and Tesco PLC (headquartered in Welwyn Garden City, UK compete head-to-head in the grocery space in the UK, Ireland, Central Europe, and North Africa. The following information comes from their 2018 annual reports. Sales Cost of sales Gross profit Inventory Total assets Carrefour Group in Tesco PLC in millions millions 2018 2017 2018 2017 91,200 93,978 68.989 67,100 60,850 62.311 54,141 53,015 30,350 31,667 14,848 14,085 7,362 8,028 2,716 2.761 47,378 47.813 44,862 45,853 a. Calculate gross profit margin for each year for both companies. Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). Carrefour Group Tesco PLC 2018 2017 2018 2017 Gross profit margin (9) 096 096 0 % 096 b. Determine the common-size inventory for each year for both companies. Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). Carrefour Group Tesco PLC 2018 2018 Common-size inventory 096 2017 2017 0 % 09 096 C. Compute inventory turnover and days average inventory outstanding for 2018. Note: Do not round until your final answer; round your final answer to one decimal place (for example, enter 6.8 for 6.77555). Carrefour Group Tesco PLC 0 times 0 times Inventory turnover Average inventory days 0 days 0 daysStep by Step Solution
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