FSA 5-3 Global Analysis LO A3

Key figures for Samsung follow.

millions	Current Year	One Year Prior	Two Years Prior
Inventory	28,984,704	24,983,355	18,353,503
Cost of sales	132,394,411	129,290,661	120,277,715

Required:

1. For the most recent two years compute Samsungs (a) inventory turnover and (b) days sales in inventory.
2. Is the change in Samsungs inventory turnover favorable or unfavorable?
3. Did the current-year inventory turnover for Samsung underperform or outperform the industry's average turnover of 15?

FSA 5-3 Global Analysis LO A3 Key figures for Samsung follow. Required: 1. For the most recent two years compute Samsung's (a) inventory turnover and (b) days' sales in inventory. 2. Is the change in Samsung's inventory turnover favorable or unfavorable? 3. Did the current-year inventory turnover for Samsung underperform or outperform the industry's average turnover of 15 ? Complete this question by entering your answers in the tabs below. Is the change in Samsung's inventory turnover favorable or unfavorable? Is the change in Samsung's inventory turnover favorable or unfavorable? FSA 5-3 Global Analysis LO A3 Key figures for Samsung follow. Required: 1. For the most recent two years compute Samsung's (a) inventory turnover and ( b ) days' sales in inventory. 2. Is the change in Samsung's inventory turnover favorable or unfavorable? 3. Did the current-year inventory turnover for Samsung underperform or outperform the industry's average turnover of 15 ? Complete this question by entering your answers in the tabs below. For the most recent two years compute Samsung's (a) inventory turnover and (b) days' sales in inventory. Note: Do not round intermediate calculations. Round your answers to 1 decimal place