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Inventory Analysis rt Stores Inc. (WMT) compete against each other in general olesa'le Corporation (COST) and WalMa 5. Below is selected financial information for both companie: pharmacies, and optical center Costco Wh merchandise retailing, gas stations, from a recent year's nancial statements (in millions): Costco WaI-Mart __- $116,199 $485,651 _______'___'- Sales Cost of goods sold 101,065 365,086 Inventory, beginning of period 8,456 44,858 8,908 45,141 Inventory, end of period ys' sales in Inventory. Assume there are a. Determine for both companies (1) the inventory turnover and (2) the number of da 365 days in the yea r. Round intermediate calculations to the nearest whole dollar and final answers to one decimal place. Costco Wal-Mart 1. Inventory turnover: E S 2. Number of days' sales in inventory: [2 days [:] days b. All of the following are true of Costco's strategy except: v