Goo
one
s millions
inventory
cost of sales
current
year
$ 4,855
141,048
apple
one year
prior
$ 2,132
131,376
two years
prior
s 2,349
140,089
current
year
s 749 5
45,583
268
35,138
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?
complete this question by entering your answers in the tabs below.
required 1
required 2
required 3
compute days' sales in inventory for each company for the three years shown. (round your answers to 1 decimal place.)
two years prior
current year
29.1 days
days
apple
microsoft
days' sales in inventory
one year prior
days
days
days
< required 1
required 3 >