The following data were taken from recent annual reports of Apple Computer, Inc., a manufacturer of personal computers and related products, and American Greetings Corporation, a manufacturer and distributor of greeting cards and related products:

a. Determine the inventory turnover for Apple and American Greetings. Round to one decimal place.
b. Would you expect American Greetings' inventory turnover to be higher or lower than Apple's? Why?

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Apple American Greetings $826,791,000 187,817,000 230,308,000 13,717,000,000 Cost of goods sold Inventory, end of year Inventory, beginning of the year 270,000,000 165,000,000