Unit 6 discussion Inventories and the Bottom Line
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Get it written →13334Use resources available on the internet (e.g., Yahoo! Finance. (n.d.). http://finance.yahoo.com/) to access the annual reports (financial statements and balance sheets) of one of your favorite listed companies to:
Extract their latest total revenue, cost of revenue, total assets, and year-end or average inventory.
Use these numbers to prepare their inventory/total revenue ratio, inventory/total assets ratio, and the inventory turnover ratio.
Comment on how they performed based on these ratios. (Hint: See Tables 7.1 and 7.2.)
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