Solution-Compare your calculations for the two companies

Compare your calculations for the two companies

Reference no: EM131000664

The table below contains selected information from recent financial statements of The Home Depot, Inc., and Lowe's Companies, Inc., two companies in the home improvement retail industry ($ in millions):

2208_254-B-A-V-I (713).png

Required:

Calculate the gross profit ratio, the inventory turnover ratio, and the average days in inventory for the two companies using the most recent fiscal year data. Compare your calculations for the two companies, taking into account the industry averages.

Reference no: EM131000664

Questions Cloud

What coupon rate would make the price : What is the price of $1 par of a 0.5-year zero and what is the price of $1 par of a 1-year zero - what coupon rate would make the price of a 1-year coupon bond equal to par?

Quality control engineer and examined for ?aws : In order to characterize this random variable, a random sample of 30 silicon wafers selected by a quality control engineer and examined for ?aws resulted in the data shown in the table below, a record of the number of ?aws found on each wafer.

Express velocity in terms of its radial and tangential : An airplane flies overhead at a speed of 100 m/s while a child on the ground watches at the angle shown. Express the velocity in terms of its radial and tangential (polar) coordinates.

Display the characteristics of an animal : Include a brief documentation (in the code or in a separate document) to explain the input (if any), processing and output of the program

Compare your calculations for the two companies : Calculate the gross profit ratio, the inventory turnover ratio, and the average days in inventory for the two companies using the most recent fiscal year data.

Develop forecasts using a three-period moving average : The number of cans of soft drinks sold in a machine each week is recorded below. Develop forecasts using a three-period moving average

How can electromigration be used as property for separation : How can electromigration be used as property for separation?

Explain in detail why you believe the risk management : For each of the three (3) or more malicious attacks and / or threats that you identified in Assignment 1, choose a strategy for addressing the associated risk (i.e., risk mitigation, risk assignment, risk acceptance, or risk avoidance). Explain yo..

Calculate the inventory value at the end of 2011 and 2012 : Calculate the inventory value at the end of 2011 and 2012 using the dollar-value LIFO method.

User Account

All Pages

Compare your calculations for the two companies

Reference no: EM131000664

Reference no: EM131000664

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

What probability ratios can be drawn from thisif you are to

If the variable cost per unit increases by 1 spending on

Sixth fourth bank has an issue of preferred stock with a

Cola company manufactures a product with a standard direct

Which tax attributes are reduced and by how much

Salter mining company purchased the northern tier mine for

Compute operating income

Write a critique paper about the given article

Matrix inc acquired 25 of neo enterprises for 2000000 on

The net income reported on the income statement for the

Pablo management has six part-time employees each of whom

Design high-level logical system characteristics

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT