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8-38. Investigate the financial ratio of inventory turnover. Find current information about Dell (www.hoovers. com is a good starting place) and report whether its

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8-38. Investigate the financial ratio of inventory turnover. Find current information about Dell (www.hoovers. com is a good starting place) and report whether its inventory turnover is still as impressive as the number mentioned in the case. How does Dell's current in- ventory turnover ratio compare to that of some of its competitors such as Apple and Hewlett-Packard? Do the same for Dell's asset turnover ratio. 8-39. Locate Dell's most recent 1K report and either locate or compute what you believe are the three most important financial ratios for Dell. Are the ratios impressive or do they provide you reason for concern? 8-40. If you were the CEO of Dell Inc., what expectations would you reflect when preparing a pro forma income statement for your company? 8-41. What lessons can a young entrepreneurial firm learn from Dell's experiences?

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