Question
Wal Mart, Kroger, Amazon, and Costco are all companies that sell products. Find their annual reports or other financial site that contains the needed financial
Wal Mart, Kroger, Amazon, and Costco are all companies that sell products. Find their annual reports or other financial site that contains the needed financial information. Part A: Using Excel, develop a spreadsheet detailing their; Company Name, Sales $, Cost of Goods Sold $, Inventory Level $, Inventory Turnover Ratio, and Inventory Holding $ (use 25% of their inventory level $). The Inventory holding cost and Turnover Ratio calculations must be performed in Excel using a formula. Include the source of your information for each company Part A is worth 16 points Part B: Compare the Inventory Turnover Ratio of Amazon and Wal Mart. Calculate how much savings could be obtained if the lesser performing company could obtain the same Turnover ratio as the better performing company. Hint: Calculate how much the other company would have to reduce inventory to match the Turnover Ratio of Amazon if it has the better turnover or WalMart if it has the better turnover x the value of inventory. Part B is worth 4 points
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started