For the current annual reports of Samsung and Apple, assume they report the following.

Required

1. Compute the recent two years’ days’ sales in raw materials inventory for 

(a) Samsung 

(b) Apple.

2. Is the current year change in Samsung’s days’ sales in raw materials inventory favorable or unfavorable? Is the current year change in Apple’s days’ sales in raw materials inventory favorable or unfavorable? 

3. For the current year, is Samsung’s days’ sales in raw materials inventory better or worse than Apple’s? 

Transcribed Image Text:

Samsung Apple $ ilions Current Year Prior Year Current Year Prior Year $ 2,100 Raw materials inventory, ending ... Raw materials used...... $11,500 $12,400 $ 1,900 63,598 56,575 72,000 74,800