Review Kroger's 10k and determine the inventory method that they use. Why do you think...
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Accounting
Review Kroger's 10k and determine the inventory method that they use. Why do you think they chose that method? Calculate the following ratios for your company:
- 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)
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