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Comparing Profitability and Turnover Ratios for Retail Companies Selected financial statement data for Best Buy Co., The Kroger Co., Nordstrom, Inc., ODP Corp. ($ millions)

Comparing Profitability and Turnover Ratios for Retail Companies Selected financial statement data for Best Buy Co., The Kroger Co., Nordstrom, Inc., ODP Corp. ($ millions) Sales revenue Cost of sales Interest expense Net income Average receivables Average inventories Average PP&E Average total assets Best Buy The Kroger Nordstrom ODP Walgreens $43,638.0 $122,286.0 $15,524.0 $9,710.0 $139,537.0 33,590.0 95,294.0 9,932.0 7,578.0 111,520.0 64.0 603.0 151.0 42.0 639.0 1,541.0 1,512.0 496.0 (319.0) 424.0 1,082.0 1,647.5 163.5 727.0 7,179.0 5,291.5 8,293.5 1,949.0 981.0 9,392.0 2,419.0 21,753.0 4,050.0 627.5 13,410.0 14,246.0 41,687.0 8,811.5 6,434.5 77,386.0
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Comparing Profitability and Turnover Ratios for Retail Companies Selected financial statement data for Best Buy Co., The Kroger Co., Nordstrom, Inc., ODP Corp. b. Compute accounts receivable turnover (ART), and inventory turnover (INVT) for each company. Determine relative level of ART - Note: Round your answers to one decimal place. Company 1 Company 2 Company 3 Company 4 Company 5 Best Buy The Kroger Nordstrom ODP Walgreens Company with the highest ART Company 1=x Company with the lowest ART Company 3x Company with the highest INVT Company 2 \& Company with the lowestiNVT Company 4x c. Compute the gross profit margin (GPM) for each company. How does the GPM differ across companies? Determine relative level of GPM for ea Company 1 Company 2 Company 3 Company 4 Company 5 Best Bey The Kroger Nordstrom ODP Walgreens. Comporny with the highear GPM Company 2=x c. Compute the gross profit margin (GPM) for each company. How does the GPM differ across companies? Determine relative level of GPM for each con Company 1 Compsny 2 Company 3 Company 4 Companys Best Eivy. The Kroger Nordstrom ODe Walgreens Compary with the highest GPM Compary 2 Compary with the lowest GPM Compary 5

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