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Compute the 2018 inventory turnover for each of these two retailers. Round answers to one decimal place. 1 Not complete Question Marked out of 2.00

Compute the 2018 inventory turnover for each of these two retailers.

Round answers to one decimal place.

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1 Not complete Question Marked out of 2.00 Flag question Computing and Evaluating Inventory Turnover for Two Companies PriceSmart and Nordstrom report the following information in their respective 10-K reports relating to their two most recent fiscal years. PriceSmart ($ thousands) Cost of Sa Ies Goods Sold Inventories Nordstrom ($ millions) Cost of Sales Goods Sold Inventories 2018 2017 2,487,146 $321 ,025 310,946 $15,480 15,137 $10,155 9,890 $1,978 2,027 Compute the 2018 inventory turnover for each of these two retailers. Round answers to one decimal place. Inventory turnover rate PriceSmart Nordstrom

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