View the step-by-step solution to:

$ millions Dell Inc. Revenues Cost of goods sold Inventory Hewlett-Packard Company Revenues (Products only) Cost of goods sold Inventory Apple Inc....

This question was answered on Feb 01, 2013. View the Answer
Dell accounting.
$ millions Fiscal year ending Dell Inc. Jan.30, 2009 Feb.1,2008 Feb.2, 2007 Revenues $61,101 $61,133 $57,420 Cost of goods sold 50,144 49,462 47,904 Inventory 867 1,180 660 Hewlett-Packard Company Oct.31, 2008 Oct. 31, 2007 Oct.31, 2006 Revenues (Products only) $91,697 $84,229 $73,557 Cost of goods sold 69,342 63,435 55,248 Inventory 7,879 8,033 7,750 Apple Inc. Sep.27,2008 Sep.29, 2007 Sep.30, 2006 Revenues $32,479 $24,006 $19,315 Cost of goods sold 21,334 15,852 13,717 Inventory 509 346 270 a. Compute the gross profit margin (GPM) for each of these companies for fiscal years 2008, 2007, and 2006. b. Compute the inventory turnover ratios for fiscal years 2008 and 2007. (All three firms use FIFO inventory costing.) c. What factors might determine the differences amoung these three companies' ratios?
Background image of page 1
Sign up to view the entire interaction

Top Answer

Dear student Please find... View the full answer

8426906.xlsx

$ millions
Dell Inc.
Revenues
Cost of goods sold
Inventory
Hewlett-Packard Company
Revenues (Products only)
Cost of goods sold
Inventory
Apple Inc.
Revenues
Cost of goods sold
Inventory Fiscal year...

This question was asked on Jan 31, 2013 and answered on Feb 01, 2013.

Recently Asked Questions

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors and customizable flashcards—available anywhere, anytime.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access or to earn money with our Marketplace.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
  • -

    Flashcards

    Browse existing sets or create your own using our digital flashcard system. A simple yet effective studying tool to help you earn the grade that you want!

    Browse Flashcards