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Costco Walmart Nordstrom Cost of goods sold $132,886 $385,301 $10,155 Inventories: Beginning of year End of year Costco a. Determine the inventory turnover ratio for
Costco Walmart Nordstrom Cost of goods sold $132,886 $385,301 $10,155 Inventories: Beginning of year End of year Costco a. Determine the inventory turnover ratio for all three companies. If required, round all computations to one decimal place and use i subsequent calculations. Round final answers to one decimal place. Walmart Nordstrom Costco 11,040 43,783 11,395 44,269 Walmart Nordstrom Inventory Turnover 11.8 8.8 b. Determine the days' sales in inventory for all three companies. Assume a 365-day year. If required, round all computations to one decimal place and use in subsequent alculations. Round final answers to one decimal place. 5.1 Days' sales in inventory X days 2,027 1,978 72 days days a. Determine the inventory turnover ratio for all three companies. If required, round all computations to one decimal place and use subsequent calculations. Round final answers to one decimal place. b. Determine the days' sales in inventory for all three companies. Assume a 365 -day year. If required, round all computations to one decimal place and use in subsequent it.lculations. Round final answers to one decimal place
Costco Walmart Nordstrom Cost of goods sold $132,886 $385,301 $10,155 Inventories: Beginning of year End of year Costco a. Determine the inventory turnover ratio for all three companies. If required, round all computations to one decimal place and use i subsequent calculations. Round final answers to one decimal place. Walmart Nordstrom Costco 11,040 43,783 11,395 44,269 Walmart Nordstrom Inventory Turnover 11.8 8.8 b. Determine the days' sales in inventory for all three companies. Assume a 365-day year. If required, round all computations to one decimal place and use in subsequent alculations. Round final answers to one decimal place. 5.1 Days' sales in inventory X days 2,027 1,978 72 days days
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