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ook sk int rences C aw Comparative figures for Apple and Google follow Apple Google 5 millions Inventory Current Year One Year Prior Two Years

image text in transcribedimage text in transcribed ook sk int rences C aw Comparative figures for Apple and Google follow Apple Google 5 millions Inventory Current Year One Year Prior Two Years Prior Two Years Current Year One Year Prior Prior Cost of sales $ 4,106 161,782 $ 3,956 163,756 $ 4,855 141,048 $999 21,896 $1,107 59,549 $749 45,583 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 (0) Apple and (b) Google? Complete this question by entering your answers in the tabs below. Required 11 Required 2 Required 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? Inventory Turnover (a) Apple Outperform (b) Google Outperform Compute days' sales in inventory for each company for the three years shown. (Do not round interme Round your answers to 1 decimal place.) Apple Google Days' Sales in Inventory Current Year One Year Prior Two Years Prior days days ds days days days

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