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The table that follows reports balance sheet and income statement information for Nike, Best Buy,Joa. son & Johnson, and Boeing from their year-end 2015 SEC

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The table that follows reports balance sheet and income statement information for Nike, Best Buy,Joa. son & Johnson, and Boeing from their year-end 2015 SEC filings Evaluating Turnover Ratios Across Industries P6-40. Inventory, Inventory, Cost of 2014PPE, Net Sales Goods Sold 2015 $ millions 4,337 3,947 3,011 5,174 2,346 8,184 15,905 46,756 12,076 .. . $30,601 $16,534 39,528 30,334 70,074 21,536 73,446 5,051 8,053 47,257 2 Boeing (product sales) yory oustanding for each company for 2015. a Compute the days in which they operate. What do we observe? WVhy is the PPE turnover for Best Buy so much higher than that for Boeing? tory outstanding across the four companies and consider the industries in PPE tumover for each company. c Compute the e meri s iler for tese companies to improve, inventory days outstanding or PPE turnover! Explain

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