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Key figures for Samsung follow. W millions Current Year One Year Prior Two Years Prior ints W Inventory 28,984,704 W 0:42:29 18,353,503 Cost of
Key figures for Samsung follow. W millions Current Year One Year Prior Two Years Prior ints W Inventory 28,984,704 W 0:42:29 18,353,503 Cost of sales132,394,411 129,290,661 120,277,715 24,983,355 Required: eBook Print Reference 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 Required Required 1 2 3 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. (a) Inventory turnover (b) Days' sales in inventory times Current Year One Year Prior times days days Show lessA
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