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Apple and Samsung compete in the global marketplace. Apples and Samsungs financial statements are in Appendix A. Required: 1. Compute the ratio of inventory to
Apple and Samsung compete in the global marketplace. Apples and Samsungs financial statements are in Appendix A. Required:
1. Compute the ratio of inventory to total assets for Apple as of September 30, 2017, and for Samsung as of December 31, 2017. Express your answers as percentages, rounded to two decimal places. 2. Based on the answer to question 1, which companys (Apple or Samsung) inventory policy more closely follows a JIT system?
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