1. Compute inventory turnover for each company for the most recent two years shown.
2. Compute days sales inventory for each company for the three years shown.
3. Analyze and then discuss your findings from Part 1 and 2. Assume an industry average for inventory turnover of 15.

Apple Microsoft

$Millions Current Year 1 Prior Year 2 Prior Year Current Year 1 Prior Year 2 Prior Year

Inventory $2,349 $2,111 $1,764 $2,902 $2,660 $1,938

Cost of Sales 140,089 112,258 106,606 33,038 27,078 20,385