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average turnover of 15 in the case of (a) Apple and (b) Google?3. Assuming Apple has enough inventory to meet Apple Google demand, does Apple
average turnover of 15 in the case of (a) Apple and (b) Google?3. Assuming Apple has enough inventory to meet Apple Google demand, does Apple prefer inventory to be a lower Current One Year Two Years Current One Year Two Years $ millions Your Prior Prior Year Prior Prior or higher percentage of total assets? Inventory . . ..... $ 4.106 $ 3,956 $ 4,855 999 $ 1,107 $ 749 Cost of sales . . . . 161,782 163,756 141,048 71,896 59,549 45,583 4. Compute (a) inventory turnover for fiscal year Required ended September 28, 2019, and (b) days' sales in inventory as of September 28, 2019. 1. Compute inventory turnover for each company for the most recent two years shown. COMPARATIVE ANALYSIS 2. Compute days' sales in inventory for each company for the three years shown. A3 AA 5-2 Comparative figures for Apple and Google follow. 3. Did the current year inventory turnover underperform or outperform the industry's
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