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Inventory Turnover The following data (in millions) were taken from recent annual reports of Apple Inc., a manufacturer of personal computers and related products, and

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Inventory Turnover The following data (in millions) were taken from recent annual reports of Apple Inc., a manufacturer of personal computers and related products, and Mattel Inc., a manufacturer of toys, including Barbie, Hot Wheelso, and Disney Classics: Apple Mattel Cost of merchandise sold $163,756 $2,716 Inventory, end of year Inventory, beginning of the year 3,956 543 4,855 601 a. Determine the inventory turnover for Apple and Mattel. Round to one decimal place. Apple Mattel

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