ACT5725 Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry AutoZone O'Reilly Average 2015 Inventory $3,290,867 $2,602,901 2015 Sales 10,265,117 8,044,451 2015 Cost of goods sold 4,860,309 3,804,031 Average 2014 Inventory $3,010,556 $2,474,917 2014 Sales 9,553,090 7,293,858 2014 Cost of goods sold 4,540,406 3,507,180 Use the information above to compute the companies' gross profit margin and days inventory outstanding for both years Round answers to one decimal place (ex 0 2345 23 5 ) Gross Profit Margin AutoZone O'Reilly 2015 Answer Answer 2014 Answer Answer Round to answers to one decimal place Days Inventory Outstanding AutoZone O'Reilly 2015 Answer days Answer days 2014 Answer days Answer days

The Answer is in the image, click to view ...

Question: ACT5725 Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry. AutoZone O'Reilly Average 2015 Inventory $3,290,867 $2,602,901 2015

ACT5725

Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry.

	AutoZone	O'Reilly
Average 2015 Inventory	$3,290,867	$2,602,901
2015 Sales	10,265,117	8,044,451
2015 Cost of goods sold	4,860,309	3,804,031

Average 2014 Inventory	$3,010,556	$2,474,917
2014 Sales	9,553,090	7,293,858
2014 Cost of goods sold	4,540,406	3,507,180

Use the information above to compute the companies' gross profit margin and days inventory outstanding for both years. Round answers to one decimal place (ex: 0.2345 = 23.5%).

Gross Profit Margin
	AutoZone	O'Reilly
2015	Answer%	Answer%
2014	Answer%	Answer%

Round to answers to one decimal place.

Days Inventory Outstanding
	AutoZone	O'Reilly
2015	Answer days	Answer days
2014	Answer days	Answer days

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Complete M6-19 and M6-21. Module 6 1 Asset Recognition and Operating Assets 6-36 10. Computing and Comparing PPE Turnover for Two Companies Tesas Instruments Inc. and Intel Corporation report the...

Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry. AutoZone O'Reilly Average 2015 Inventory $3,310,865 $2,622,899 2015 Sales 10,420,671...

Hello please refer to part 4 from the question paper I have attached the past student work for your reference just have to follow the format if you feel comfortable with I have attached the necessary...

The Costco case study strives to analyze the ratios and how they compare to Costco's competitors. The case study doesn't have direct questions but what is needed is: background, SWOT analysis,...

i need 5 balance sheets for Auto Zone company from the resources "attachments and the link below" for the last 5 years, 2011-2012-2013-2014-2015 with the sixth page including the total income and...

dear i want to do a report for my financial project, the report should contains company as introduction, and analyze some ratios and some recommendation. FIN 600: Advanced Financial Management Summer...

If you use either Telnet or FTP, which is the highest layer you are using to transmit data? A.Application B.Presentation C.Session D.Transport

Buyer, Inc., contracted in writing with Shareholder, who owned all of XYZ Corporation's outstanding stock, to purchase all of her stock at a specified price per share. At the time this contract was...

40. Describe the major constraint inherent in the presentation of accounting information.

SIMAD UNIVERSITY Class: BACC25 Subject: Islamic Accounting Instructions: a) Follow The Instructions. Midterm Exam Instructor: All Ibrahim Date: 6-4-2022 b) You Have 1.5 Hrs. To Complete This Test. c)...

7. Identify and describe three characteristics of an ethical student of culture.

5. Explain how studying intercultural communication can lead to increased self-understanding.

2. Foreign Labor Trends. Search the Foreign Labor Statistics home page of the Bureau of Labor Statistics to find the following information: Hourly compensation costs in U.S. dollars for production...