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Comparative figures for Apple and Google follow. Required: 1. Compute inventory turnover for each company for the most recent two years shown. 2. Compute days'
Comparative figures for Apple and Google follow. 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? Complete this question by entering your answers in the tabs below. Compute inventory turnover for each company for the most recent two years shown. Note: Do not round intermediate calculations. Round your answers to 1 decimal place. Compute days' sales in inventory for each company for the three years shown. Note: Do not round intermediate calculations. Round your answers to 1 decimal place 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
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