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.

Foot Locker	2016	2015	2014
Cost of Goods Sold	$4,907	$4,777	$4,372
Inventory	1,285	1,250	1,220
Finish Line
Cost of Goods Sold	$1,306	$1,237	$1,123
Inventory	377	343	304
DSW
Cost of Goods Sold	$1,852	$1,741	$1,629
Inventory	484	451	398