(Solution) - Safeway Inc operated 1 743 stores as of December 29 2007 -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

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Safeway, Inc., operated 1,743 stores as of December 29, 2007. The following data were taken from the company?s annual report. All dollar amounts are in millions.

Required
a. Compute Safeway?s inventory turnover ratio for 2007 and 2006.
b. Compute Safeway?s average days to sell inventory for 2007 and 2006.
c. Based on your computations in Requirements a and b, did Safeway?s inventory management get better or worse from 2006 to2007?