Question: Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry AutoZone O'Reilly Average 2015 Inventory $3,280,868 $2,592,902 10,187,340 7,966,674

Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry AutoZone O'Reilly Average 2015 Inventory $3,280,868 $2,592,902 10,187,340 7,966,674 2015 Cost of goods sold 4,860,309 3,804,031 Average 2014 Inventory $3,000,557 $2,464,918 9,475,313 7,216,081 2014 Cost of goods sold 4,540,406 3,507,180 2015 Sales 2014 Sales 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 2014 Round to answers to one decimal place Days Inventory Outstanding AutoZone O'Reilly 2015 days days 2014 days days Check
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
