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Find the gross profit margin for eachfind the inventory

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Reference no: EM13571305

The following data were taken from the financial statements of Koura and Maki:

KOURA, Inc MAKI, Inc

Sales of Revenue $1,500,000    $2,000,000

Cost of Goods Sold $830,000   $11,540,000

Inventory, end of yr $185,000   $315,000

Inventory, beg. of yr $235,000   $155,000

Find the gross Profit margin for each.Find the inventory turnover for each. (C) Find the average inventory days outstanding for each.Analyze the information. Which company is doing better? Why?

Reference no: EM13571305

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