Question: Safeway Inc operated 1 700 stores as of January 1 2011

Safeway, Inc., operated 1,700 stores as of January 1, 2011. The following data were taken from the company’s annual report. All dollar amounts are in millions.


Required
a. Compute Safeway’s inventory turnover ratio for 2010 and 2009.
b. Compute Safeway’s average days to sell inventory for 2010 and 2009.
c. Based on your computations in Requirements a and b, did Safeway’s inventory management get better or worse from 2009 to2010?
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  • CreatedOctober 26, 2013
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