Question: 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

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 8,200,005
2015 Cost of goods sold 4,860,309 3,804,031
Average 2014 Inventory $3,030,554 $2,494,915
2014 Sales 9,708,644 7,449,412
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 1

Answer 2

2014

Answer 3

Answer 4

Note:Do not round intermediate computations. Then, round your final answer to nearest whole number (day).

Days Inventory Outstanding
AutoZone O'Reilly
2015

Answer 5

Answer 6

2014

Answer 7

Answer 8

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