Walgreens Boots Alliance's Sales, Cost of Goods Sold, and Gross Profit
The following information was summarized from the consolidated balance sheets of Walgreens Boots Alliance, Inc. and Subsidiaries (the company created with the combination of Walgreens and Boots Alliance) as of August 31, 2015 and 2014 and the consolidated statements of earnings for the years ended August 31, 2015 and 2014. All amounts are from Walgreens Boots Alliance's 2015 Form 10-K.
(millions of dollars) 2015 2014
Accounts receivable, net $6,849 3,218
Cost of sales 76,520 54,823
Inventories 8,678 6,076
Net sales 103,444 76,392
1. Calculate the gross profit ratios for Walgreens Boots Alliance for 2015 and 2014 If required, round the percentage to one decimal place.
Walgreen's 2015 gross profit ratio: %
Walgreen's 2014 gross profit ratio: %
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Walgreens Boots Alliance's Sales, Cost of Goods Sold, and Gross Profit The following information was summarized from the consolidated ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The key feature of a market system is
Answers (2)
Spring is here, and eric and his dad would like to go fishing for the weekend in washington. eric could either go to the river in town where anyone can fish without a permit, or he could drive up to a stream located on his family's property in the
Answers (1)
What does the word Psychology means?
Answers (2)
Equity Investments are sometimes referred to as ""one-line consolidations."" That means that the balance sheets of the investor and investee companies are combined and that the Stockholders' Equity of the investor company is equal to that which
Answers (1)
If an account valued at $1,000 is leveraged 5:1, a 10% drop in the value of invested assets would cause the value of the account to decrease by:
Answers (1)
New Questions in Business
a risk averse investor, which of the following four otherwise identical investment would you prefer? A. Security W, which exhibits a standard deviation of 2% and offers an average return of 12%. B.
Answers (1)
n a company's merit pay program, an individual's compa-ratio represents the individual's pay relative to company's average pay for that position. the individual's worth versus that of others in the organization.
Answers (1)
Some interview questions are designed to rattle you to see how you deal with stress. True or false.
Answers (2)
Organizational culture consists of three levels: Select one: a. assumptions, orientations, and beliefs. b. beliefs, values, and artifacts. c. artifacts, assumptions, and beliefs. d. assumptions, artifacts, and values.
Answers (1)
What term refers to a set amount of money kept in the cash register to make change with? A. Excess cash B. Standard cash stock C. Cash drop D. Cash float
Answers (1)