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    barelracingrl15's Avatar
    barelracingrl15 Posts: 1, Reputation: 1
    New Member
     
    #1

    Oct 25, 2011, 09:43 AM
    How do I plug in the 30 days to find my answer?
    Kroger, Safeway Inc. and Winn-Dixie Stores Inc. Are three grocery chains in the United States. Inventory management is an important aspect of the grocery retail business. Recent balance sheets for these three companies indicated the following merchandise inventory information:

    Merchandise Inventory
    End of Year (in millions) Beginning of Year (in millions)
    Kroger $4,859 $4,855
    Safeway 2,591 2,798
    Winn-Dixie 665 649

    The cost of goods sold for each company were:

    Cost of Goods Sold (in millions)
    Kroger $58,564
    Safeway 31,589
    Winn-Dixie 5,269

    C. If Winn-Dixie had Kroger's number of days' sales in inventory, how much additional
    Cash flow (round to nearest million) would have been generated from the smaller
    Inventory relative to its actual average inventory position?
    lwilliams113's Avatar
    lwilliams113 Posts: 1, Reputation: 1
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    #2

    Jul 29, 2012, 08:11 PM
    If Winn-Dixie had Kroger's number of days' sales in inventory, how much additional cash flow would have been generated from the smaller inventory relative to its actual average inventory position?

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