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FSA 5-2 Comparative Analysis LO A3

Comparative figures for Apple and Google follow.

$ millions	Apple	Google
Current Year	One Year Prior	Two Years Prior	Current Year	One Year Prior	Two Years Prior
Inventory	$ 3,956	$ 4,855	$ 2,132	$ 1,107	$ 749	$ 268
Cost of sales	163,756	141,048	131,376	59,549	45,583	35,138

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?

FSA 5-2 Comparative Analysis LO A3 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. FSA 5-2 Comparative Analysis LO A3 Comparative figures for Apple and Google follow. 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 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. FSA 5-2 Comparative Analysis LO A3 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. 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