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Before begining the discussion, compute for esch year Costco's: - gross margin percentage fcarry to one decimal point - return on assets percentage (cary to
Before begining the discussion, compute for esch year Costco's: - gross margin percentage fcarry to one decimal point - return on assets percentage (cary to one decimal point). - ifventory tamover ratio, and - average days to sell inventocy. (Later provide your calculations when responding to a discussion question) Costco Wholesale Corpontion operated 787 stores as of September 1.2019. The tol owing data were taken from the company's annual report. All dolat aniounts are in milfions. Discussion Questions 1. Based pn Costcos gross markin and return on sales percentages. did its perfomrance inprove in 20197 . Explain 2. Based on Costcos inventory turnover and averase days to sell inwentory did its incentory management get better or worse in 2019 ? Explain
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