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Calculate inventory turnover and days sales in inventory

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Reference no: EM13955826

1. Safeway, Inc. is a large food and drug retailer with more than 1,700 stores in the United States and Canada. The following financial information relates to fiscal 2012 and 2011.

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Required:

Calculate inventory turnover and days sales in inventory. Is Safeway performing better or worse than last year?Why?

Reference no: EM13955826

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