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Can someone help me with the inventory turnover? I dont want to submit it until I know its correct. 2013 WRS Athletic Supply, Inc. Five-Year
Can someone help me with the inventory turnover?
I dont want to submit it until I know its correct.
2013 WRS Athletic Supply, Inc. Five-Year Financial Summary (Partial; adapted) (Dollar amounts in thousands except per share data) 2018 2017 2016 2015 Net Sales Revenue $ 275,000 $ 220,000 $ 195,000 $ 170,000 $ Net Sales Revenue Increase 25% 13% 15% 30% Domestic Comparative Store Sales Increase 6% 7% 4% 7% Other Income,Net 2,060 1,850 1,780 1,700 Cost of Goods Sold 208,725 167,200 150,930 133,620 Selling and Administrative Expenses 41,260 36,350 31,640 27,430 Interest: Interest Expense (1,050) (1,410) (1,300) (1,000) Interest Income 95 190 160 195 Income Tax Expense 4,400 3,860 3,690 3,400 Net Income 21,720 13,220 9,380 6,445 Per Share of Common Stock: Net Income 1.70 1.40 1.30 1.10 2014 131,000 17% 10% 1,360 103,752 22,530 (890) 170 2,730 2,628 0 .88 . TUU 21,720 13,220 9,380 6,445 2,628 1.70 0.35 1.40 0.33 1.30 0.29 1.10 0.25 0.88 0.21 17,000 Net Income Per Share of Common Stock: Net Income Dividends Financial Position Current Assets, Excluding Merchandise Inventory Merchandise Inventory Property, Plant, and Equipment, Net Total Assets Current Liabilities Long-term Debt Stockholders' Equity Financial Ratios Acid-Test Ratio Rate of Return on Total Assets Rate of Return on Stockholders' Equity 30,600 $ 24,600 51,800 107,000 32,200 22,900 51,900 27,100 $ 22,200 46,100 95,400 27,000 20,800 47,600 27,100 $ 25,000 $ 21,100 19,700 40,100 35,300 88,300 80,000 28,200 25,100 17,400 19,000 42,700 35,900 21,900 17,900 $ 25,200 65,000 16,300 12,300 36,400 10 22.5% 43.7% 10 15.9% 29.3% 10 12.7% 23.9% 10 10.3% 17.8% 1.3 9.3% 17.3% 2018 5.80 2017 5 .06 2016 4.87 2015 4.62 2014 3.85 Formula (e.) Inventory turnoverStep by Step Solution
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