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AutoZone and O'Reilly are two competitors in the retail automotive parts industry. AutoZone O'Reilly Average 2018...

AutoZone and O'Reilly are two competitors in the retail automotive parts industry.

AutoZone O'Reilly
Average 2018 Inventory $3,912,878 $3,101,572
2018 Sales 11,221,077 9,536,428
2018 Cost of goods sold 5,247,331 4,496,462
Average 2017 Inventory $3,757,001 $2,894,388
2017 Sales 10,888,676 8,977,726
2017 Cost of goods sold 5,149,056 4,257,043


Use the information above to compute the companies' gross profit margin and days inventory outstanding for both years.
Round answers to one decimal place (ex: 0.2345 = 23.5%).

Gross Profit Margin
AutoZone O'Reilly
2018
2017



Round to answers to nearest whole number (day).

Days Inventory Outstanding
AutoZone O'Reilly
2018
2017
Business   Accounting   
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