Key figures for Samsung follow.

Required
1. For the most recent two years, compute Samsung’s

(a) Inventory turnover

(b) Days’ sales in inventory.
2. Is the change in Samsung’s inventory turnover favorable or unfavorable?
3. Did the current year inventory turnover for Samsung underperform or outperform the industry’s average turnover of 15?

Transcribed Image Text:

$ millions Inventory... Cost of sales.. Current Year $ 22,966 126,336 One Year Prior $ 24,870 113,598 Two Years Prior $ 22,708 117,515