Inventory management Three companies that compete in the footwear market are Foot Locker, Finish Line, and DSW. The table below shows inventory levels and cost of goods sold for each company for the 2016, 2015, and 2014 fiscal years. Calculate the inventory turnover ratio for each company in each year and summarize your findings. Al values are in millions of dollars. 0 2016 $4,904 1,288 2015 $4.770 1,253 2014 $4,375 1.222 Core: 2 Foot Locker Cost of goods sold Inventory Finish Line Cost of goods sold Inventory DSW Cost of goods sold Inventory $1,301 $1239 349 $1,122 308 378 Quest $1,845 485 $1.733 448 $1,621 405