Compare the 2014 inventory turnover results for two or morepublicily traded companies. Examples: 1)AutoZone (a Memphis basedcompany with Advance Auto, 2) Apple, Dell, And Best Buy, 3) Walmartand Target.
Write an executive summary(two pages) detaling the respectiveinventory turnover ratios for the given period, giving theequivalent number of days of inventory for each company, and thepotential financial impact if the under-performing company couldmatch the inventory turnover ratio of the higher-performingcompany. Assume a 25% carrying cost ratio. Be careful to use thecorrect units for the financial impact