Question
Choose two companies that are in the same industry - the companies must be retailers that sell inventory For example: Macys & Belks OR Lowes
Choose two companies that are in the same industry - the companies must be retailers that sell inventory For example: Macys & Belks OR Lowes & Home Depot.
REQUIRED: Provide links to the financial statements of the two companies you choose. Check the link you post to be sure it works!
Using the financial statements for the companies you selected, answer the following questions about each company:
1. Compute the following ratios: (show your calculations and formulas)
a. Current Ratio
b. Accounts Receivable Turnover
c. Inventory Turnover
2. Explain (specifically) what you learned by calculating the above ratios and then comparing the two companies.
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