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For Apple s current annual report, assume it reports the following for raw materials. $ millions Current Year 1 Year Ago 2 Years Ago Raw

For Apples current annual report, assume it reports the following for raw materials.
$ millions Current Year 1 Year Ago 2 Years Ago
Raw materials inventory, ending $ 2,100 $ 1,900 $ 2,500
Raw materials used 72,00074,80079,200
Required:
Compute Apples raw materials inventory turnover ratio for the most recent two years.
Is the current year change in Apple's raw materials inventory turnover ratio favorable or unfavorable?

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