Complete M6-21 iccouns Tor the enange between the years! M6-21. Using...
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Complete M6-21
iccouns Tor the enange between the years! M6-21. Using Inventory Analysis Tools AutoZone and O'Reilly are two competitors in the retail automotive parts industry LO3 AUTOZONE $ thousands Average 2015 Inventory 2015 Sales. OREILLY ORLY AutoZone O'Reilly 10,187,340 7,966,674 4,860,309 3,804,031 2015 Cost of goods sold.. Average 2014 Inventoy3,00. 57 $2,464,918 2014 Cost of goods sold.4,540,406 3,507 2014 Sales 9,475,313 7.216,081 a. Use the information above to compute the companies' gross profit margin and days inventory out b. Based on these two ratios, which company is more profitable selling its inventory? How has that c. Based on these two ratios, which company is more efficient with its inventory? How has that changed standing for both years. changed from 2014 to 2015? from 2014 to 2015
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