41 Module 6 Inventories, Accounts Payable, and Long-Term Assets Sales. Cost of sales. Gross profit.. Inventory.. Total assets Carrefour Group in € millions 2018 €76,000 60,850 15,150 6,135 47,378 2017 €78,315 62,311 16,004 6,690 47,813 Ⓒ Cambridge Business Publishers Tesco PLC in £ millions 2018 £57,491 54,141 3,350 2,263 44,862 2017 €55,917 53,015 2,902 2,301 45,853 Required a. Calculate gross profit margin for each year for both companies. b. Determine the common-size inventory for each year for both companies. c. Compute inventory turnover and days average inventory outstanding for 2018. d. Based on the metrics in parts a, b, and c, how do we assess the two companies' inventory
41 Module 6 Inventories, Accounts Payable, and Long-Term Assets Sales. Cost of sales. Gross profit.. Inventory.. Total assets Carrefour Group in € millions 2018 €76,000 60,850 15,150 6,135 47,378 2017 €78,315 62,311 16,004 6,690 47,813 Ⓒ Cambridge Business Publishers Tesco PLC in £ millions 2018 £57,491 54,141 3,350 2,263 44,862 2017 €55,917 53,015 2,902 2,301 45,853 Required a. Calculate gross profit margin for each year for both companies. b. Determine the common-size inventory for each year for both companies. c. Compute inventory turnover and days average inventory outstanding for 2018. d. Based on the metrics in parts a, b, and c, how do we assess the two companies' inventory
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:6-41
Module 6 Inventories, Accounts Payable, and Long-Term Assets
Sales.
Cost of sales.
Gross profit.
Inventory..
Total assets
Carrefour Group in
€ millions
2018
€76,000
60,850
15,150
6,135
47,378
2017
€78,315
62,311
16,004
6,690
47,813
Ⓒ Cambridge Business Publishers
Tesco PLC in
£ millions
2018
2017
£57,491 €55,917
54,141
53,015
3,350
2,902
2,263
44,862
Required
a. Calculate gross profit margin for each year for both companies.
b. Determine the common-size inventory for each year for both companies.
2,301
45,853
c. Compute inventory turnover and days average inventory outstanding for 2018.
d. Based on the metrics in parts a, b, and c, how do we assess the two companies' inventory
management?
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