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Target is a discount retailer, and Costco is a consumer warehouse retailer. Select data for both companies are as follows ( amounts in millions )
Target is a discount retailer, and Costco is a consumer warehouse retailer. Select data for both companies are as follows amounts in millions: Which of the following statements best describes differences in asset turnover between Target and Costco? a Costco has higher total assets turnover due to higher inventory and fixed assets turnovers, offset by lower receivables turnover. b Costco has higher total assets turnover due to higher receivables and fixed assets turnovers, offset by lower inventory turnover. c Costco has higher total assets turnover due to higher inventory and receivables turnovers, offset by lower fixed assets turnover. d Costco has higher total assets turnover due to higher inventory, receivables, and fixed assets turnovers.
Target is a discount retailer, and Costco is a consumer warehouse retailer. Select data for both companies are as follows amounts in millions:
Which of the following statements best describes differences in asset turnover between Target and Costco?
a Costco has higher total assets turnover due to higher inventory and fixed assets turnovers, offset by lower receivables turnover.
b Costco has higher total assets turnover due to higher receivables and fixed assets turnovers, offset by lower inventory turnover.
c Costco has higher total assets turnover due to higher inventory and receivables turnovers, offset by lower fixed assets turnover.
d Costco has higher total assets turnover due to higher inventory, receivables, and fixed assets turnovers.
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