Retailing Management 8th Edition by Michael Levy,Barton Weitz

Exercise 9

Using the following information taken from the 2010 balance sheet and income statement for Urban Outfitters, develop a strategic profit model. (Figures are in millions of dollars.) You can access an Excel spreadsheet for SPM calculations on the student side of the book's Web site.
Net sales $1,937.8
Cost of goods sold $1,151.7
Operating expenses $ 447.2
Inventory $ 186.1
Accounts receivable $ 78.0
Other current assets $ 422.7
Fixed assets $ 540.0