Using the Annual Report from Saputo Inc\'s website answer these following questions:

Estimate the dollar amount of inventories that your company purchased and produced during the

most recent year. Hint: use the cost of sales equation.

What inventory costing method does the company use?

If the company reports inventories, compute inventory turnover ratio and the average days to sell inventory for the most recent year. If the company does not report the cost of sales COS separately, assume that COS equal per cent of the net sales amount.

What do your results suggest about the company?

PS: Could you please indicate the page number that you used to answer these questions, as Im really struggling to find the relevant information on the financial report.

Answer rating: 100% (QA)

1 Estimate the Dollar Amount of Inventories Purchased and Produced Look for the Cost of Sales or Cost of Goods Sold COSCOGS figure in the income state... View the full answer