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You are considering investing in the grocery sector and have identified two companies for further analysis. Financial information for the two companies is as follows:
You are considering investing in the grocery sector and have identified two companies for further analysis. Financial information for the two companies is as follows:
in thousands
Company
Sheridan
Company
Sunland
Sales
$
$
Cost of goods sold
Net income
Average inventory
Average total assets
a Calculate and compare the following ratios for the two companies: Round inventory turnover to decimal places, eg and other answers to decimal place, eg or
i
i
ill.
iv
V
Return on assets
Gross margin
Profit margin
Inventory turnover
Days to sell inventory
Company Sheridan
Company Sunland
Return on assets
Gross margin
Profit margin
Inventory turnover
Days to sell inventory
times
days
times
days
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