Evaluating Turnover Ratios Across Industries The table that follows reports balance sheet and income statement information for Nike, Best Buy, John- son & Johnson, and Boeing from their year-end 2015 SEC filings. Cost of Goods Sold Inventory, Inventory, $ millions Sales 2015 2014 PPE, Net $16,534 30,334 21,536 73,446 $30,601 39,528 $ 4,337 5,051 8,053 47,257 $3,947 5,174 8,184 46,756 3,011 2,346 15,905 12,076 85,255