Question

The following information (in $ millions) was taken from the annual reports of two companies.


Required
a. Calculate each company's inventory turnover and average days to sell inventory.
b. The two companies are Safeway, Inc., a food and drug retailer, and Caterpillar, Inc., a manufacturer of heavy construction equipment. Which of these two companies is Company A? Which is Company B? How did you arrive at each company'sidentity?


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  • CreatedFebruary 21, 2014
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