Find their annual reports for the following companies:

Target 2015

Best Buy 2015

PetSmart 2015

Using Excel, develop a spreadsheet detailing their number of stores in TN, Sales or Revenue $, Cost of Goods Sold $, Inventory Level $, and Inventory Holding $ (use 25% of their inventory level $). Sales $, Cost of Goods Sold$ can be found on the Income Statement and Inventory $ can be found on the Balance Sheet.  The Inventory holding cost and Turnover Ratio calculations must be performed in Excel using a formula.  Format your spreadsheet to look professional.

BE SURE TO INCLUDE ALL 000'S IN YOUR NUMBERS. OFTEN THE ANNUAL REPORT WILL LIST VALUES IN THOUSANDS OR MILLIONS.  There is a short video in Module 5 titled Inventory Turnover Ratio - How To. This will show you how to read an annual report and format Excel for this assignment.

The point of this assignment is to see how much money is being held in Inventory. Supply Chain Management is a hot field with many well paying jobs, because the investment from the companies involved is so great.