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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

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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. All values are in millions of dollars. 2016 $4,911 1,286 2015 $4,767 1,247 2014 $4,382 1,216 Foot Locker Cost of goods sold Inventory Finish Line Cost of goods sold Inventory DSW Cost of goods sold Inventory $1,309 377 $1,238 346 $1,125 300 $1,847 488 $1,732 454 $1,622 395 The inventory turnover ratio for Foot Locker in 2016 is . (Round to three decimal places.) The inventory turnover ratio for Foot Locker in 2015 is (Round to three decimal places.) The inventory turnover ratio for Foot Locker in 2014 is I. (Round to three decimal places.) The inventory turnover ratio for Finish Line in 2016 is . (Round to three decimal places.) Windows 10 ? Soo Window2 TI OKO

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