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.

Research In Motion Apple Current One Year Two Years Current OneYear Two Years ($ millions) Year Prior Prior Yeat Prior Prior S622 $ 682 $ 396 455 8,369 509346 16.426 5,968 2.929 25,683 24.294