Question: 1. Using the schedule below, enter the numerator and denominator of each of the six ratios to be calculated. Enter the numerator and denominator in
1. Using the schedule below, enter the numerator and denominator of each of the six ratios to be calculated. Enter the numerator and denominator in yellow highlighted areas. You must show the numerator and denominator to earn the points.
2. Calculate the ratio and enter under the store name. Enter the ratios in the green cells.
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| This is a fraction | |||||||||
| ($ in millions) | numerator | |||||||||
| denominator | ||||||||||
| Kohls | Dillards | |||||||||
| Gross profit ratio | = | = | percent | = | percent | |||||
| Inventory turnover | = | = | times | = | times | |||||
| Average days in inventory | = | = | days | = | days | |||||
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