FedEx Financial Statements

This topic has 1 reply, 2 voices, and was last updated 5 years ago by ignite – OBU Registered Mentor.

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July 23, 2020 at 4:49 pm #577768
jagmeet
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I was looking at FedEx financial statements for 2019 to calculate inventory turnover but there was no information on cost of goods sold to calculate this and also payables days was difficult to calculate due to no purchases,what can l do

Thank you
July 23, 2020 at 6:02 pm #577771
ignite – OBU Registered Mentor
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Does Fedex hold material inventory? Based on my knowledge, Fedex is a service provider.
You need to calculate and analyse the only relevant ratios and don’t just dump everthing in your research. Moderators find these things annoying. Cheers!
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