Financial Statements 3 WebQuest- Conclusion

Last Name:		First Name:
		Company's Name:
Do not forget to enter your name in the appropriate space! No name, no points.

Refer to the company's "official" financial reports on its web site for its most recently completed accounting period. Enter the values as recorded in the financial statements and do not add zeros, commas, decimals (except for ratios), dollar signs, or text.
Question	Your Answer
1) How much did your company report for gross profit during the most recent accounting period?
2) How much did your company report for net sales during the most recent accounting period?
3) Calculate your company's gross profit ratio.
4) Briefly explain what you can conclude about this company given its gross profit ratio.
5) How much did your company report for cost of goods sold during the most recent accounting period?
6) How much did your company report for inventory as of the end of the most recent accounting period?
7) How much did your company report for inventory as of the beginning of the most recent accounting period?
8) Calculate your company's inventory turnover ratio.
9) Briefly explain what you can conclude from this company's inventory turnover ratio.
Do not forget to enter your name in the appropriate space above! No name, no points.