Use the formulas in your Course Packet on page 77 to answer this question. Approximately how many more (fewer) days did it take Dollar General to sell their inventory in fiscal year 2020 (ending 1/29/2021) than it did in fiscal year 2019 (ending 1/31/2020)? Merchandise inventory at the end of fiscal year 2018 (ending 2/1/2019) was $4,097,004 thousand. For each year (2019 and 2020), round your answer to the nearest whole day. 4 days fewer 3 days more 2 days more 4 days more 3 days fewer January 29, 2021 January 31, 2020 ASSETS Current assets: Cash and cash equivalents. Merchandise inventories Income taxes receivable. Prepaid expenses and other current assets Total current assets. Net property and equipment Operating lease assets Goodwill. Other intangible assets, net. Other assets, net.. Total assets. LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities: Current portion of operating lease liabilities Accounts payable Accrued expenses and other. Income taxes payable Total current liabilities. Long-term obligations. Long-term operating lease liabilities. Deferred income taxes. Other liabilities Commitments and contingencies Shareholders' equity: Preferred stock Common stock; $0.875 par value, 1,000,000 shares authorized, 240,785 and $ 1,376,577 S 240,320 4,676,848 76,537 5,247,477 90,760 199,405 184,163 6,914,219 5,177,868 3,899,997 3,278,359 9,473,330 8,796,183 4,338,589 4,338,589 1,199,870 1,200,006 36,619 34,079 $ 25,862,624 $ 22,825,084 $ 1,074,079 $ 964,805 3,614,089 1,006,552 2,860,682 709,156 8,362 16,063 5,710,783 4,543,005 4,130,975 2,911,993 8,385,388 7,819,683 710,549 675,227 263,691 172,676 251,936 shares issued and outstanding at January 29, 2021 and January 31, 2020, respectively Additional paid-in capital. Retained earnings. Accumulated other comprehensive loss Total shareholders' equity Total liabilities and shareholders' equity 210,687 3,446,612 220,444 3,322,531 3,006,102 3,162,660 (2,163) (3.135) 6,661,238 6,702,500 S 25,862,624 $ 22,825,084 DOLLAR GENERAL CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF INCOME (In thousands, except per share amounts) January 29, 2021 For the Year Ended January 31, 2020 February 1, 2019 Net sales. Cost of goods sold. Gross profit Selling, general and administrative expenses Operating profit. Interest expense. Other (income) expense Income before income taxes Income tax expense. Net income.. Earnings per share: Basic Diluted. Weighted average shares outstanding: $ 33,746,839 $ 27,753,973 $25,625,043 23,027,977 19,264,912 17,821,173 10,718,862 8,489,061 7,803,870 7,164,097 6,186,757 5,687,564 3,554,765 2,302,304 2,116,306 150,385 100,574 99,871 1,019 3,404,380 749,330 2,201,730 489,175 2,015,416 425,944 $ 2,655,050 $ 1,712,555 $ 1,589,472 $ 10.70 S 6.68 S 5.99 $ 10.62 S 6.64 $ 5.97 Basic 248,171 256,553 Diluted. 250,076. 258,053 265,155 266,105 Dividends per share.. $ 1.44 S 1.28 $ 1.16 The accompanying notes are an integral part of the consolidated financial statements