Question: Comparative figures for best buy and radioshack follow required 1 compute inventory

Comparative figures for Best Buy and RadioShack follow.
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 6.3.

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  • CreatedMarch 18, 2015
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