Walgreens in Year 11 and 12 to project revenues, cost of goods sold, and inventory...
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Finance
Walgreens in Year 11 and 12 to project revenues, cost of goods sold, and inventory for Year + 1. Assume that Walgreens' Year + 1 revenue growth rate, gros profit margin, and inventory turnover will be identical to Year 12. Project the average inventory balance in year + 1 and use it to compute the implied ending inventory balance. Walgreens (data in millions) Year 11 Year 12 Sales revenues $53,762 $59,034 Cost of goods sold $38,518 $72,391 Ending inventory $ 6,791 $ 7,249
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