Use the inventory ratios in Table 7.2 to comment on which firm is the most efficient in
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Use the inventory ratios in Table 7.2 to comment on which firm is the most efficient in deploying its inventory to generate sales.
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COMPANY Las Vegas Sands Corp. MGM Mirage Microsoft Corp. Ford Motor Co. Toyota Motor Corp. Honda Motor Co. Wal-Mart Stores, Inc. Target Corp. Pfizer, Inc. Intel Corp. Advanced Micro Devices, Inc. FINANCIAL YEAR END Dec 31, 09 Dec 31, 09 Jun 30, 10 Dec 31, 09 Mar 31, 10 Mar 31, 10 Jan 31, 10 Jan 30, 10 Dec 31, 09 Dec 26, 09 Dec 26, 09 TOTAL REVENUE ($) 4,563 5,979 62,484 118,308 202,814 91,815 408,214 65,357 50,009 35,127 5,403 COST OF REVENUE ($) 2,907 3,539 12,395 100,016 178,551 68,651 304,657 45,583 8,888 15,566 3,131 YEAR END INVENTORY ($) 27 102 740 5,450 15,220 10,010 33,160 7,180 12,403 2,5 567 INVENTORY TURNOVER RATIO 107.67 34.70 16.75 18.35 11.73 6.86 9.19 6.14 0.72 5.30 5.52 COMPANY Las Vegas Sands Corp. MGM Mirage Microsoft Corp. Ford Motor Co. Toyota Motor Corp. Honda Motor Co. Wal-Mart Stores, Inc. Target Corp. Pfizer, Inc. Intel Corp. Advanced Micro Devices, Inc. FINANCIAL YEAR END Dec 31, 09 Dec 31, 09 Jun 30, 10 Dec 31, 09 Mar 31, 10 Mar 31, 10 Jan 31, 10 Jan 30, 10 Dec 31, 09 Dec 26, 09 Dec 26, 09 TOTAL REVENUE ($) 4,563 5,979 62,484 118,308 202,814 91,815 408,214 65,357 50,009 35,127 5,403 COST OF REVENUE ($) 2,907 3,539 12,395 100,016 178,551 68,651 304,657 45,583 8,888 15,566 3,131 YEAR END INVENTORY ($) 27 102 740 5,450 15,220 10,010 33,160 7,180 12,403 2,5 567 INVENTORY TURNOVER RATIO 107.67 34.70 16.75 18.35 11.73 6.86 9.19 6.14 0.72 5.30 5.52
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Financial Accounting A User Perspective
ISBN: 978-0470676608
6th Canadian Edition
Authors: Robert E Hoskin, Maureen R Fizzell, Donald C Cherry
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