Comparative figures for apple and google follow.
3.33
points
$ millions
inventory
cost of sales
current
year
s 4,855
141,848
apple
one year
prior
s 2,132
131,376
two years
prior
s 2,349
140,089
current
year
7495
45,583
google
one year
prior
268
3 5,138
two years
prior
s
491
28,164
$
ebook
required:
1. compute inventory turnover for each company for the most recent two years shown
2. compute days' sales in inventory for each company for the three years shown
3. in the current year, does (a) apple's and (b) google's inventory turnover underperform or outperform the industry (assumed) average
of 15?
references
complete this question by entering your answers in the tabs below.
required 1
required 2
required 3
compute inventory turnover for each company for the most recent two years shown. (round your answers to 1 decimal
place.
inventory turnover
current year one year prior
times
times
times
times
apple
google
required 2
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