For 2015, Walmart and Target had the following information (all values are in millions of dollars) Walmart Target Sales (Income Statement) 482,187 73,217 Cost of Goods Sold (Income Statement) 361,177 51,972 a. What is each company's accounts receivable days? b. What is each company's inventory turnover? c Which company is managing its accounts receivable and inventory more efficiently? B days. (Round to two decimal places) days (Round to two decimal places) Accounts Receivable (Balance Sheet) 5,620 722 a What is each company's accounts receivable days? The accounts receivable days for Walmart are The accounts receivable days for Target are b. What is each company's inventory turnover? Inventory turnover for Walmart is Inventory turnover for Target is times. (Round to two decimal places) times (Round to two decimal places) c. Which company is managing its accounts receivable and inventory more efficiently? (Select the best answers from the drop-down menus) is the company managing its accounts receivable more efficiently, and is the company managing its inventory more efficiently Inventory (Balance Sheet) 44,115 8,616
For 2015, Walmart and Target had the following information (all values are in millions of dollars) Walmart Target Sales (Income Statement) 482,187 73,217 Cost of Goods Sold (Income Statement) 361,177 51,972 a. What is each company's accounts receivable days? b. What is each company's inventory turnover? c Which company is managing its accounts receivable and inventory more efficiently? B days. (Round to two decimal places) days (Round to two decimal places) Accounts Receivable (Balance Sheet) 5,620 722 a What is each company's accounts receivable days? The accounts receivable days for Walmart are The accounts receivable days for Target are b. What is each company's inventory turnover? Inventory turnover for Walmart is Inventory turnover for Target is times. (Round to two decimal places) times (Round to two decimal places) c. Which company is managing its accounts receivable and inventory more efficiently? (Select the best answers from the drop-down menus) is the company managing its accounts receivable more efficiently, and is the company managing its inventory more efficiently Inventory (Balance Sheet) 44,115 8,616
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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For 2015, Walmart and Target had the following information (all values are in millions of dollars).
Walmart
Target
Sales
(Income Statement)
482,187
73,217
a. What is each company's accounts receivable days?
b. What is each company's inventory turnover?
c Which company is managing its accounts receivable and inventory more efficiently?
a. What is each company's accounts receivable days?
The accounts receivable days for Walmart are
Cost of Goods Sold
(Income Statement)
361,177
51,972
days. (Round to two decimal places.)
days (Round to two decimal places)
times. (Round to two decimal places.)
Search
...
The accounts receivable days for Target are
b. What is each company's inventory turnover?
Inventory turnover for Walmart is
Inventory turnover for Target is
times (Round to two decimal places)
c. Which company is managing its accounts receivable and inventory more efficiently? (Select the best answers from the drop-down menus)
is the company managing its accounts receivable more efficiently, and
is the company managing its inventory more efficiently
SAMSUNG
XXXX
Accounts Receivable
(Balance Sheet)
5,620
722
Time Remaining: 02:57:09
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40X
Cl
Inventory
(Balance Sheet)
44,115
8,616
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5:56 PM
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