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Key figures for Samsung follow. $ millions Inventory Cost of sales Required: Current Year One Year Prior Two Years Prior $ 22,966 126,336 $ 24,870

image text in transcribedimage text in transcribedimage text in transcribed Key figures for Samsung follow. $ millions Inventory Cost of sales Required: Current Year One Year Prior Two Years Prior $ 22,966 126,336 $ 24,870 113,598 $ 22,708 117,515 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. Required 1 Required 2 Required 3 For the most recent two years compute Samsung's (a) inventory turnover and (b) days' sales in inventory. (Do not round intermediate calculations. Round your answers to 1 decimal place.) (a) Inventory turnover (b) Days' sales in inventory Current Year One Year Prior times times days days Key figures for Samsung follow. $ millions Inventory Cost of sales Required: Current Year $ 22,966 126,336 One Year Prior Two Years Prior $ 24,878 113,598 $ 22,708 117,515 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. Required 1 Required 2 Required 3 Is the change in Samsung's inventory turnover favorable or unfavorable? Is the change in Samsung's inventory turnover favorable or unfavorable? Key figures for Samsung follow. $ millions Inventory Cost of sales Required: Current Year $ 22,966 126,336 One Year Prior $ 24,878 113,598 Two Years Prior $ 22,708 117,515 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. Required 1 Required 2 Required 3 Did the current-year inventory tumover for Samsung underperform or outperform the industry's average turnover of 15? Did the current-year inventory turnover for Samsung underperform or outperform the industry's average turnover of 15?

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