merchandising response
- Company Analysis Review your companys 10k and determine the inventory method that they use. Why do you think they chose that method? Calculate the following ratios for your company: CVS
- Gross profit (cost of goods sold/total revenue)
- Net Profit Margin (net income/Total revenue)
- Inventory Turn (cost of goods sold/Inventory)
- Days Sales (3665/Inventory Turn)
- Internal control find an article about an entity that had weak internal controls like the Rita Crundwell case that was assigned in your reading. Discuss the case and tell us where you think internal controls were weak or not present. Also, tell us the outcome for the entity and those that were involved.
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