AutoZone and O'Reilly are two competitors in the retail automotive parts industry.   AutoZone O'Reilly Average 2015 Inventory $3,330,863 $2,642,897 2015 Sales 10,587,339 8,366,673 2015 Cost of goods sold 4,860,309 3,804,031 Average 2014 Inventory $3,050,552 $2,514,913 2014 Sales 9,875,312 7,616,080 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.

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
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Using Inventory Analysis Tools
AutoZone and O'Reilly are two competitors in the retail automotive parts industry.

  AutoZone O'Reilly
Average 2015 Inventory $3,330,863 $2,642,897
2015 Sales 10,587,339 8,366,673
2015 Cost of goods sold 4,860,309 3,804,031
Average 2014 Inventory $3,050,552 $2,514,913
2014 Sales 9,875,312 7,616,080
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
 
Answer
 
2014 Answer
 
Answer
 



Round to answers to one decimal place.

Days Inventory Outstanding
  AutoZone O'Reilly
2015 Answer
 
Answer
 
2014 Answer
 
Answer
 
 
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