Homework
Comparing Bell and Gangway Financial information for Bell and Gangway (two computer manufacturers) follows:
|
Bell
|
Gangway
|
|
(in millions)
|
Year Ended 12/31/2020
|
Year Ended 12/31/2019
|
Year Ended 12/31/2020
|
Year Ended 12/31/2019
|
|
Sales
|
$61,133
|
$57,420
|
$8,922
|
$8,457
|
|
Cost of sales
|
49,462
|
47,904
|
7,316
|
6,951
|
|
Gross margin
|
$ 11,671
|
$ 9,516
|
$1,606
|
$1,506
|
|
Inventory
|
$ 1,180
|
$ 660
|
$ 400
|
$ 351
|
Task
o Compare Bell and Gangway in terms of their percentage changes in sales and gross margin.
o Compare Bell and Gangway in terms of their gross margin percentages.
o Compare Bell and Gangway in terms of inventory turnover and days' sales in inventory
o In your opinion, which firm has had better financial performance? Support your answer using your calculations in parts a, b, and c.
Format your homework according to the following formatting requirements:
o The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
o The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
o Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.