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Costco Wholesale Corporation (COST) and Walmart Stores Inc. (WMT) compete against each other in general merchandise retailing, gas stations, pharmacies, and optical centers. Below is

Costco Wholesale Corporation (COST) and Walmart Stores Inc. (WMT) compete against each other in general merchandise retailing, gas stations, pharmacies, and optical centers. Below is selected financial information for both companies from a recent year's financial statements (in millions):

Costco Walmart
Sales $129,025 $500,343
Cost of goods sold 111,882 373,396
Inventory, beginning of period 8,969 43,046
Inventory, end of period 9,834 43,783

a. Determine for both companies (1) the inventory turnover and (2) the days' sales in inventory. Assume there are 365 days in the year. Round intermediate calculations to the nearest whole dollar and final answers to one decimal place.

Costco Walmart
1. Inventory turnover: fill in the blank 1 fill in the blank 2
2. Days' sales in inventory: fill in the blank 3 days fill in the blank 4 days

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