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The financial statements of P&G are presented in Appendix B. The company's complete annual report, including the notes to the financial statements, is available online.

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The financial statements of P&G are presented in Appendix B. The company's complete annual report, including the notes to the financial statements, is available online. Click here to view Appendix B Refer to P&G's financial statements and the accompanying notes to answer the following questions. What was P&G's inventory turnover in 2017? What is its gross profit percentage? Evaluate P&G's inventory turnover and its gross profit percentage. (Round inventory turnover to 1 decimal place, e.g. 52.5 and gross profit percentage to 2 decimal places, e.g. 52.75%.) Inventory turnover 2017 2016 Gross profit percentage % % The financial statements of P&G are presented in Appendix B. The company's complete annual report, including the notes to the financial statements, is available online. Click here to view Appendix B Refer to P&G's financial statements and the accompanying notes to answer the following questions. What was P&G's inventory turnover in 2017? What is its gross profit percentage? Evaluate P&G's inventory turnover and its gross profit percentage. (Round inventory turnover to 1 decimal place, e.g. 52.5 and gross profit percentage to 2 decimal places, e.g. 52.75%.) Inventory turnover 2017 2016 Gross profit percentage % %

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