Following are key figures (in millions of Korean won) for Samsung (www.Samsung.com), which is a leading manufacturer

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Following are key figures (in millions of Korean won) for Samsung (www.Samsung.com), which is a leading manufacturer of consumer electronics products.

Following are key figures (in millions of Korean won) for


Required

1. Use these data and those from BTN 6-2 to compute (a) inventory turnover and (b) days’ sales in inventory for the most recent two years shown for Samsung, Apple, and Google.

2. Comment on and interpret your findings from part 1.

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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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