Key figures for Samsung follow. Required 1. For the most recent two years, compute Samsungs (a) inventory

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Key figures for Samsung follow.


Required

1. For the most recent two years, compute Samsung’s (a) inventory turnover and (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?

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