Question: Need to compute an inventory turnover ratio using an excel spreadsheet with the attached annual consolidated income statement and balance sheet. Thanks! TRACTOR SUPPLY COMPANY

Need to compute an inventory turnover ratio using an excel spreadsheet with the attached annual consolidated income statement and balance sheet. Thanks!

Need to compute an inventory turnover ratio using an excel spreadsheet withthe attached annual consolidated income statement and balance sheet. Thanks! TRACTOR SUPPLYCOMPANY CONSOLIDATED STATEMENTS OF INCOME (in thousands, except per share amounts) Fiscal

TRACTOR SUPPLY COMPANY CONSOLIDATED STATEMENTS OF INCOME (in thousands, except per share amounts) Fiscal Year 2015 2014 2013 S 6,226,507 S 5,711,715 5,164,784 4,083,333 3,761,300 3.411,175 1,753,609 1,369,097 1246,308 1,138,934 100,025 514,650 557 514,093 185,859 S 410,395 S 370,885 S 328,234 2.35 2.32 Net sales Cost ofmerchandise sold Gross profit 2,143,174 1,950,415 Selling, general and administrative expenses 123,569 650,508 2,891 647,617 237,222 114,635 589,472 1,885 587,587 216,702 Depreciation and amortization Operating income Interest expense, net Income beforeincome taxes Income tax expense Net income Net income per share -basi

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