AA 14-1 Company Analysis LO A1 For Apple's current annual report, assume it reports the following for raw materials. $ millions Current Year 1 Year Ago 2 Years Ago Raw materials inventory, ending Raw materials used. $ 2,100 72,000 $ 1,900 74,800 $ 2,500 79,200 Required: 1. Compute Apple's raw materials inventory turnover ratio for the most recent two years. 2. Is the current year change in Apple's raw materials inventory turnover ratio favorable or unfavorable? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Is the current year change in Apple's raw materials inventory turnover ratio favorable or unfavorable? Apple's raw materials Inventory turnover ratio Favorable < Required 1 Required 21