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Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry. AutoZone O'Reilly Average 2015 Inventory $3,320,864 $2,632,898 2015 Sales
Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry.
AutoZone | O'Reilly | |
---|---|---|
Average 2015 Inventory | $3,320,864 | $2,632,898 |
2015 Sales | 10,498,448 | 8,277,782 |
2015 Cost of goods sold | 4,860,309 | 3,804,031 |
Average 2014 Inventory | $3,040,553 | $2,504,914 |
2014 Sales | 9,786,421 | 7,527,189 |
2014 Cost of goods sold | 4,540,406 | 3,507,180 |
Use the information above to compute the companies' gross profit margin and days inventory outstanding for both years. Round answers to one decimal place (ex: 0.2345 = 23.5%).
Use the information above to compute the companies' gross profit margin and days inventory outstanding for both years. Round answers to one decimal place (ex: 0.2345 23.5%) Gross Profit Margin AutoZone O'Reilly 2015 2014 Round to answers to one decimal place. Days Inventory Outstanding AutoZone O'Reilly 2015 days days 11A days days CheckStep by Step Solution
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