The following information is taken from publicly traded retailers. The data come from the balance sheet,...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The following information is taken from publicly traded retailers. The data come from the balance sheet, income statement, and Item 2 on the companies' Form 10-K filings. Use the information to answer the requirements. Average Retail SQ # of $ millions Revenue COGS Inventory Footage (000s) Stores Autozone $12,006 $4,902 $4,187 41,066 6,202 Costco 151,486 121,715 11,168 110,700 762 Home Depot 115,777 71,043 14,271 237,700 2,287 Lowe's 76,301 48,396 12,815 209,000 2,015 O'Reilly 10,204 4,237 3,319 38,455 5,219 Walmart 547,550 374,623 47,108 1,129,000 11,361 Required a. Compute the days inventory outstanding (DIO) for each company. Note: Do not round until your final answer; round your final answer to the nearest whole day. DIO AUTOZONE days COSTCO days НОМE DEPOТ days LOWE'S days O'REILLY days WALMART days b. Compute the gross profit margin for each company. Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). DIO AUTOZONE % COSTCO % НОМE DEPОТ % LOWE'S % O'REILLY % WALMART c. Compute the following two nontraditional efficiency metrics: Revenue per square foot and Revenue per store. Note: Round your answers to two decimal places (for example, enter 6.78 for 6.77555). Revenue per SF Revenue per store AUTOZONE $4 $4 COSTCO НОМЕ DEPОТ LOWE'S O'REILLY WALMART The following information is taken from publicly traded retailers. The data come from the balance sheet, income statement, and Item 2 on the companies' Form 10-K filings. Use the information to answer the requirements. Average Retail SQ # of $ millions Revenue COGS Inventory Footage (000s) Stores Autozone $12,006 $4,902 $4,187 41,066 6,202 Costco 151,486 121,715 11,168 110,700 762 Home Depot 115,777 71,043 14,271 237,700 2,287 Lowe's 76,301 48,396 12,815 209,000 2,015 O'Reilly 10,204 4,237 3,319 38,455 5,219 Walmart 547,550 374,623 47,108 1,129,000 11,361 Required a. Compute the days inventory outstanding (DIO) for each company. Note: Do not round until your final answer; round your final answer to the nearest whole day. DIO AUTOZONE days COSTCO days НОМE DEPOТ days LOWE'S days O'REILLY days WALMART days b. Compute the gross profit margin for each company. Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). DIO AUTOZONE % COSTCO % НОМE DEPОТ % LOWE'S % O'REILLY % WALMART c. Compute the following two nontraditional efficiency metrics: Revenue per square foot and Revenue per store. Note: Round your answers to two decimal places (for example, enter 6.78 for 6.77555). Revenue per SF Revenue per store AUTOZONE $4 $4 COSTCO НОМЕ DEPОТ LOWE'S O'REILLY WALMART
Expert Answer:
Answer rating: 100% (QA)
a DIO DAYS INVENTORY OUTSTANDING AUTOZONE 312 DAYS COSTCO 33 DAYS HOME DEPOT 73 DAYS LOWES 97 DAYS O... View the full answer
Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Posted Date:
Students also viewed these accounting questions
-
The following information is taken from the records of West End Distributors Inc. The company uses the periodic inventory system. At May 31, 200 units remain unsold. For specific identification...
-
The following information is taken from the records of East Oak Distributors Inc. The company uses the perpetual inventory system. *for specific identification, sold 175 units of purchase #1 and all...
-
The following information is taken from the 2010 general ledger of Pierzynski Company. InstructionsIn each case, compute the amount that should be reported in the operating activities section of the...
-
In Exercises use a graphing utility to graph the curve represented by the parametric equations. Indicate the direction of the curve. Identify any points at which the curve is not smooth. Curtate...
-
Let n1 = 100, X1 =50, n2 = 100, and X2 = 30. a. At the 0.05 level of significance, is there evidence of a significant difference between the two population proportions? b. Construct a 95% confidence...
-
A steel wire of diameter 1 mm can support a tension of 0.2 kN. A cable to support a tension of 20 kN should have diameter of what order of magnitude?
-
Provide examples of Web services and discuss the contribution of Web services to the efficiency of information systems.
-
Smooth Sounds manufactures and sells a new line of MP3 players. Unfortunately, Smooth Sounds suffered serious fire damage at its home office. As a result, the accounting records for October were...
-
A stock just paid a dividend of D 0 = $1.50. The required rate of return is r s = 16.0%, and the constant growth rate is g = 4.0%. What is the current stock price?
-
This Mini Practice Set will help you review all the key concepts of the account- ing cycle for a merchandising company along with the integration of payroll. Betty Loeb took over the business now...
-
Calculate the next term in the arithmetic sequence that increases by 29, if the current term is 50.
-
Rick & Morty conduct business as partners operating a toy store. Their partnership agreement specifies that all profits and losses are to be distributed equally after partners salaries. During the...
-
Sapphire Jewellery Pty Ltd (SJ) is a resident private company. During the 2023 income year, SJ recorded an accounting profit of $80,000 In addition to the transactions recorded in the financial...
-
Mindy Klein conducts business offering furniture repair services to clients. During the 2023 income year, Mindy recorded the following transactions: Cash received from clients $154,000 (incl. GST)...
-
Financial data for Bosch is given for a production level of 150,000 units: Total variable costs $400,000 Total costs (fixed and variable) $600,000 If Bosch makes 70,000 units, calculate the fixed...
-
Given the following information, calculate total estimated cost using the account analysis method. Fixed costs per month $3,000 Variable cost per machine hour $10 Machine hours 200.
-
In reflecting on this crisis, I'm curious about the evolving landscape of crisis management in the digital age. With the rise of social media and instant information dissemination, how do you think...
-
You are a Loan Officer with an Investment Bank. Today you need to set your lending parameters. They are: LTV: 55% 10 Year T-Bill: TBD Rate Markup: 300 Basis Points Term: 30 Years Amortization: 30...
-
Here is the income statement for Bachus, Inc. BACHUS, INC. Income Statement For the Year Ended December 31, 2012 Sales .............................$400,000 Cost of goods sold...
-
The 2012 accounting records of Pape Transport reveal these transactions and events. InstructionsPrepare the cash flows from operating activities section using the direct method. Payment of interest...
-
What types of businesses are most likely to use a perpetual inventory system?
-
Use the \(\gamma\)-matrices in the Weyl representation to show that the Dirac equation (14.31) is equivalent to Eq. (14.25). Data from Eq. 14.31 Data from Eq. 14.25 (y"Pu-m)(p) = (iy" - m)(p) = 0
-
Prove that the boosted right-handed spinor \(\psi_{\mathrm{R}}(\boldsymbol{p})\) is related to the corresponding rest spinor by Eq. (14.21).
-
Prove the identity \((\sigma \cdot \boldsymbol{p})^{2}=\mathrm{I}^{(2)} p^{2}\), where \(\sigma=\left(\sigma_{1}, \sigma_{2}, \sigma_{3} ight)\) are the Pauli matrices, \(\boldsymbol{p}\) is the...
Study smarter with the SolutionInn App