Ch $4$ ThredUp's Discussion Online

Use the financial statements located on pages $68-73($in link below$)$ to answer the following questions.

ThredUp $2022$ Annual Report $$ ThredUp $2022$ Annual Report

Discussion Questions

What is the difference between ThredUp's inventory and consignment inventory?

How much revenue was made on Consignment items for $2021$ and $2022?$

What is the gross profit $\%$ on the Consignment items for the same years?

How much revenue was made on Inventory $($Product$)$ the company owned for $2021$ and $2022?$

What is the gross profit $\%$ on the Inventory $($Product$)$ the company owned for those same years?

Does ThredUp have a higher profit on the consignment inventory or their own inventory? How do you know?