Gross margin: (revenues-cost of sales)/revenues Changes in cost of…

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Question Answered step-by-step Gross margin: (revenues-cost of sales)/revenues Changes in cost of… Gross margin: (revenues-cost of sales)/revenuesChanges in cost of goods sold on a percentage basis, yearly comparisonsInventory Turnover: (cost of goods sold/ending inventory)Number of days’ sales in inventory: (365/inventory turnover)Accounts payable turnover: (purchases/average accounts payable)Days outstanding in accounts payable: (365/accounts payable turnover)Accounts payable/current liabilitiesIdentify other relationships or trends that are relevant as part of the planning analytics. Please help with determining the ratios. Thanks. Image transcription text49 50 PharmaCorp 51 ConsolidatedStatements of Income (USD $1 InMillions, except Per Share… Show more… Show moreImage transcription textPharmaCorp Consolidated Balance Sheets (USD $) wry InMillions, except Share data, unless otherwise Dec. 31, 2015Dec. 31, 2014 [unaudited) (audited) ASSETS Ca… Show more… Show moreImage transcription text$4 PharmaCorp Consolidated Statementsof Cash Flows fUSD $1 In Millions. unlessotherwise specified Dec. 31, 20… Show more… Show more  Business Accounting ACT 451 Share QuestionEmailCopy link Comments (0)