Research and compare the inventory turnover ratio s of three large retailers: Walmart, Target, and Nordstroms. Use

Question:

Research and compare the s of three large retailers: Walmart, Target, and Nordstrom’s. Use the same financial website for all three, and compare numbers from the same time frame. What do these ratios tell you? Are you surprised by what you found?

Inventory Turnover Ratio
Inventory Turnover RatioThe inventory turnover ratio is a ratio of cost of goods sold to its average inventory. It is measured in times with respect to the cost of goods sold in a year normally. Inventory Turnover Ratio FormulaWhere,...