Using the Annual Report of your selected company answer the following questions in the Discussion:

What is the value of the company's inventory at year end?

What was the amount of cost of goods sold for the year?

What income statement format does the company use? Explain.?

Compute the company's gross profit percentage for the year end.?

Did the gross profit percentage improve, worsen, or hold steady?

How does the company's gross profit percentage compare to the industry?

What are the company's inventory turnover and days sales in inventory for the year end?

Is there anything interesting to note about these ratios?

If your company is a service company, please find a different company that would have inventory, perhaps a supplier to your selected company. Then answer the questions shown above. Be sure to state what company and supply a link to the information. You may use a service such as Yahoo Finance to help research industry averages.?

The notes to the financial statements will also be of use in answering the discussion questions. For many of the ratios in the discussion, you will need 2-3 years' worth of financial data.

Period Ending	1/31/2018	1/31/2017	1/31/2016	1/31/2015
Current Assets
Cash And Cash Equivalents	6,756,000	6,867,000	8,705,000	9,135,000
Short Term Investments	-	-	-	-
Net Receivables	5,614,000	5,835,000	5,624,000	6,778,000
Inventory	43,783,000	43,046,000	44,469,000	45,141,000
Other Current Assets	-	-	-	728,000
Total Current Assets	59,664,000	57,689,000	60,239,000	63,278,000
Long Term Investments	2,008,000	479,000	621,000	512,000
Property Plant and Equipment	114,818,000	114,178,000	116,516,000	116,655,000
Goodwill	18,242,000	17,037,000	16,695,000	18,102,000
Intangible Assets	-	-	-	-
Accumulated Amortization	-	-	-	-
Other Assets	9,790,000	9,442,000	5,510,000	4,943,000
Deferred Long Term Asset Charges	1,879,000	1,565,000	1,504,000	1,033,000
Total Assets	204,522,000	198,825,000	199,581,000	203,490,000
Current Liabilities
Accounts Payable	46,092,000	41,433,000	38,487,000	38,410,000
Short/Current Long Term Debt	3,738,000	2,256,000	2,745,000	4,792,000
Other Current Liabilities	2,662,000	2,777,000	521,000	1,021,000
Total Current Liabilities	78,521,000	66,928,000	64,619,000	65,253,000
Long Term Debt	30,231,000	36,645,000	38,952,000	41,499,000
Other Liabilities	8,168,000	8,714,000	6,583,000	8,195,000
Deferred Long Term Liability Charges	-	-	-	-
Minority Interest	2,953,000	2,737,000	3,065,000	4,543,000
Negative Goodwill	-	-	-	-
Total Liabilities	123,700,000	118,290,000	115,970,000	117,553,000
Stockholders' Equity
Misc. Stocks Options Warrants	-	-	-	-
Redeemable Preferred Stock	-	-	-	-
Preferred Stock	-	-	-	-
Common Stock	295,000	305,000	317,000	323,000
Retained Earnings	85,107,000	89,354,000	90,021,000	85,777,000
Treasury Stock	-10,181,000	-14,232,000	-11,597,000	-7,168,000
Capital Surplus	2,648,000	2,371,000	1,805,000	2,462,000
Other Stockholder Equity	-10,181,000	-14,232,000	-11,597,000	-7,168,000
Total Stockholder Equity	77,869,000	77,798,000	80,546,000	81,394,000
Net Tangible Assets	59,627,000	60,761,000	63,851,000

Revenue	1/31/2018	1/31/2017	1/31/2016	1/31/2015
Total Revenue	500,343,000	485,873,000	482,130,000	485,651,000
Cost of Revenue	373,396,000	361,256,000	360,984,000	365,086,000
Gross Profit	126,947,000	124,617,000	121,146,000