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Financial Ratio Analysis

Financial Ratio Analysis

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Using the fiscal year end balance of inventory: == $29,447 $29,447 Number of days inventory = 48.9 days $219,793/365 $602.173 Using the average of the quarterly balances: == $29,769.25 $29,769.25 Number of days inventory = 49.436 days $219,793/365 $602.173 In other words, it takes Wal-Mart approximately 50 days to sell its

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