Question: Compare inventory management using ratios: Kohl's and Dillards The table below contains selected financial information included in the 2014 financial statements of Kohl's Corporation, and

 Compare inventory management using ratios: Kohl's and Dillards The table below

Compare inventory management using ratios: Kohl's and Dillards The table below contains selected financial information included in the 2014 financial statements of Kohl's Corporation, and Dillards, Inc., two companies in the department store industry. Required: Calculate the 2014 gross profit ratio, inventory turnover ratio, and average days in inventory for both companies. Evaluate the management of each company's investment in inventory. Obtain annual reports from three corporations in an industry other than department stores and compare the management of each company's investment in inventory

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