Using the Annual Report of your selected company answer the following questions in the Discussion:
What is the value of the company’s inventory at year end?
What was the amount of cost of goods sold for the year?
What income statement format does the company use? Explain.
Compute the company’s gross profit percentage for the year end.
Did the gross profit percentage improve, worsen, or hold steady?
How does the company’s gross profit percentage compare to the industry?
What are the company’s inventory turnover and days sales in inventory for the year end? Is there anything interesting to note about these ratios?
If your company is a service company, please find a different company that would have inventory, perhaps a supplier to your selected company. Then answer the questions shown above. Be sure to state what company and supply a link to the information. You may use a service such as Yahoo Finance to help research industry averages. The notes to the financial statements will also be of use in answering the discussion questions. For many of the ratios in the discussion, you will need 2-3 years’ worth of financial data.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more