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Comparative figures for Apple and Google follow. Apple One Year Prior $ 4,855 141,048 $ millions Inventory Cost of sales Apple Google Current Year Required
Comparative figures for Apple and Google follow. Apple One Year Prior $ 4,855 141,048 $ millions Inventory Cost of sales Apple Google Current Year Required 1 Required 2 $ 3,956 163,756 Complete this question by entering your answers in the tabs below. Apple Google Required: 1. Compute inventory turnover for each company for the most recent two years shown. 2. Compute days' sales in inventory for each company for the three years shown. 3. Did the current year inventory turnover underperform or outperform the industry's average turnover of 15 in the case of (a) Apple and (b) Google? Required 1 Required 2 Required 3 Compute inventory turnover for each company for the most recent two years shown. (Do not round intermediate calculations. Round your answers to 1 decimal place.) (a) Apple (b) Inventory Turnover Current Year Google times times Required 3 Current Year Two Years Prior 2,132 131,376 days days $ Compute days' sales in inventory for each company for the three years shown. (Do not round intermediate calculations. Round your answers to 1 decimal place.) One Year Prior times times Inventory Turnover Current Year $ 1,107 59,549 > >
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