Comparative figures for Research In Motion and Apple follow. Required 1. Compute inventory turnover for each company

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Comparative figures for Research In Motion and Apple follow.


Comparative figures for Research In Motion and Apple 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 of10.

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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