Question: Safeway Inc operated 1 335 stores as of December 28 2013

Safeway, Inc., operated 1,335 stores as of December 28, 2013. The following data were taken from the company’s annual report. All dollar amounts are in millions.
a. Compute Safeway’s inventory turnover ratio for 2013 and 2012.
b. Compute Safeway’s average days to sell inventory for 2013 and 2012.
c. Based on your computations in Requirements a and b , did Safeway’s inventory management get better or worse from 2012 to 2013?

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