Using the following information taken from the 2012 balance sheet and income statement for Urban Outfitters, develop
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Using the following information taken from the 2012 balance sheet and income statement for Urban Outfitters, develop a strategic profit model. (Figures are in millions of dollars.) You can access an Excel spreadsheet for SPM calculations on the student portion of the book’s website.
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Net sales Cost of goods sold $2473.8 $1316.2 Operating expenses $ 575.8 Inventory $ 250.1 Accounts receivable $ 36.7 Other current assets $ 68.9 Fixed assets $ 690.0
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