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Carefour Group (headquarted in Boulogne- Billancourt, France) and Tesco PLC (headquarted in Welwyn Garden City, UK) compete head-to-head in the grocery space in the UK,

Carefour Group (headquarted in Boulogne- Billancourt, France) and Tesco PLC (headquarted 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.
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Analysing Inventory for Two Retail Grocery Companies Carrefour Group reduartered in Boulogne-Billancourt, France and Tesco PLC heitered in Welwyn Garden On UK compete head to head in the grocery space in the wireland. Central Europe and North Africa. The following information comes from Carrefour TE Required Not ondertone della mo Note and perce Question 7 Partially correct Mark 4.00 out of 16.00 P Flag question 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-he their 2018 annual reports. Carrefour Group in Tesco PLC in C millions millions 2018 2017 2018 2017 Sales 76.000 78.315 E57.491 55.917 Cost of sales 60.850 62.311 54.141 53.015 Gross profit 15,150 16.004 3,350 2.902 Inventory 6,135 6,690 2.263 2.301 Total assets 47.378 47,813 44,862 45,853 Required a. Calculate gross profit margin for each year for both companies. Note: Round percentage to one decimal place (for example, enter 6.7% for 6.655596). Carrefour Group Tesco PLC 2018 2017 2018 2017 Gross profit margin(96) 0% X 0% 0% X 0% X 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 2017 2018 2017 Common-size inventory OX 0%* OX OX 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 Inventory turnover O times O x times Average inventory days 0 x days O x days 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 No their 2018 annual reports. Carrefour Group in Tesco PLC in millions Emillions 2013 2017 2018 2017 76.000 7.315 57491 ESS.912 Cost of wales 60.350 62311 914153015 Grosso 2150 Inventory 613 2:01 Total 67813 Required 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 fence PLE 2018 b. Determine the common se inventory for each year for both companies Note: Round percentage to one decimal place for example, enter 6.7 Carrefour Commons Compute inventory turnover and days were inventory outstanding for 2018 Note: Do not round until your final round your final answer to one decimal place for example, enter for 677 Carrow Grow Agory

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