hw4 - ORIE 350 Homework #4 Due September 26, 2006 1. Find...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
ORIE 350 Homework #4 Due September 26, 2006 1. Find the most recent financial statements available on the Internet (finance.yahoo.com or similar) for Costco Warehouse Corporation (COST). Compute and compare the days of accounts receivable, the days of inventory, and the days of accounts payable to those of Wal-Mart (done in class). Remember that we only will use the cash cycle definitions of these quantities developed in lecture, the average collection period defined in Chapter 8 in the text is not used. Answer: The answers will vary slightly based upon when the data was accessed. Since our definitions in class used annual net sales and annual cost of goods sold figures, we will use the annual data. Most recent data is for a August 28, 2005 FYE. Perhaps the 2006 data is available. Net Sales: $52,935,228,000 Cost of Goods Sold: $46,346,961,000 Accts Receivable: $559,171,000 and 335,175,000, averaging to $447,173,000 Accts Payable: $5,502,804,000 and 4,727,418,000, averaging to $5,115,111,000
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 5

hw4 - ORIE 350 Homework #4 Due September 26, 2006 1. Find...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online