Annual inventory holding cost rate

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Reference no: EM133069035

Dick's Sporting Goods is a large retailer based in Coraopolis, Pennsylvania. Given some indicators in fiscal year 2019-2020, we analyze its retail performance. The annual inventory holding cost rate is given in the table. The company carries a fishing rod at the unit cost of $105.

To answer the question: (1) copy only Parts 2 and 3 onto your papers; (2) show numeric equations and final results; and (3) follow the units and decimal places specified.

Part 1 - Information

Dick's Sporting Goods

Net sales (thousands of $)

8,750,743

COGS (thousands of $)

6,196,185

Merchandise inventories (thousands of $)

2,202,275

Annual inventory holding cost rate (assumed)

30%

Part 2 - Overall Retail Performance

Dick's Sporting Goods

(a)[4] Flow time (years, 5 decimal places)

?

(b)[4] Days of supply (days, 2 decimal places)

?

(c)[4] Inventory turns (turns per year, 5 decimal places)

?

Part 3 - Item Retail Performance

Dick's Sporting Goods

Cost of a fishing rod ($)

105

(d)[4] Per-unit inventory holding cost rate (%, 2 decimals)

?

(e)[4] Inventory holding cost of the item ($, 2 decimals)

?

Reference no: EM133069035

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