Compute the stock turnover proportion days in stock and


Question - This data is accessible for Hidalgo, Inc. for 2004, 2005, and 2006. (in millions) 2004 - 2005 - 2006

Starting stock $2,392 - $2,556 - $3,309

Finishing stock 2,556 - 3,309 - 4,141

Expense of merchandise sold 13,153 - 14,667 - 15,680

Deals 32,269 - 35,755 - 39,709

Compute the stock turnover proportion, days in stock, and gross benefit rate for Hidalgo, Inc. for 2004, 2005, and 2006.

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Accounting Basics: Compute the stock turnover proportion days in stock and
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