Question
Three companies that compete in Foot Locker Finish Line, and DSW. The table below shows inventory levels and costs of goods sold for each company
Three companies that compete in Foot Locker Finish Line, and DSW. The table below shows inventory levels and costs of goods sold for each company in 2016, 2015, and 2014 fiscal years. Calculate the iinventory turnover ratio for each company in each year. All values are in the millions.
Footlocker
costs of goods sold inventory 2016 2015 2014
costs of goods sold inventory 4,907 4777 4,372
DSW 1,285 1,250 1,22
Costs of goods sold 1,306 1,,237 1,153
Inventory
DSW 377 343 304
I
Cost of goods sold 1,852 1,741 1,679
inventory 484 451 398
The inventory turnover ratio footlocker 2016
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