In its 2010 annual report, Wal-Mart reported inventory of $33,160 million on January 31, 2010, and $34,511

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In its 2010 annual report, Wal-Mart reported inventory of $33,160 million on January 31, 2010, and $34,511 million on January 31, 2009, cost of sales of $304,657 million for fiscal year 2010, and net sales of $405,046 million. Compute Wal-Mart’s inventory turnover and the average days to sell inventory for the fiscal year 2010.

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Intermediate Accounting

ISBN: 978-0470587287

14th Edition

Authors: kieso, weygandt and warfield.

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