Discuss the overall significance of inventory turnover to a
Discuss the overall significance of inventory turnover to a retail store.Compare Wal-Mart’s 2012 and 2013 inventory turnover rate, and give your opinionon the way in which Wal-Mart could improve its inventory turnover ratio. Providea rationale for your response.From the e-Activity, examine the costs that Wal-Mart includes in inventory andcost of sales. Defend the three (3) descriptions that Wal-Mart used to classifyinventories, and suggest two (2) other descriptions that Wal-Mart could includewithin their notes that would be useful to financial statement users. Justifyyour response.