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ST plave higures for Apple and Microsoft follow. COMPE Apple ANALY Microsoft Current $ millions One Year Two Years Current une fear One Year Year

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ST plave higures for Apple and Microsoft follow. COMPE Apple ANALY Microsoft Current $ millions One Year Two Years Current une fear One Year Year wees Prior Prior Year Price Prior Inventory.............. $ 2,349 $ 2,111 $ 1,764 $ 2.902 $ 2.560 1538 Cost of sales ........... 140,089 112.258 106,606 33.038 22078 20 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. Comment on and interpret your findings from parts 1 and 2. Assume an industry average for inventory turnover of 15. APE RIN 6.3 Golf Challenge Corp. is a retail sports store carrying golf apparel and equipment. The store is at

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