AA 1 4 - 3 Extended Analysis LO A 1 For the current annual reports of Samsung
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Question:
AA Extended Analysis LO A
For the current annual reports of Samsung and Apple, assume they report the following.
$ millions Samsung Apple
Current Year Prior Year Current Year Prior Year
Raw materials inventory, ending $ $ $ $
Raw materials used
Required:
Compute the recent two years' dayssales in raw materials inventory for aSamsung and bApple
Is the current year change in Samsungs dayssales in raw materials inventory favorable or unfavorable? Is the current year change in Apples dayssales in raw materials inventory favorable or unfavorable?
For the current year, is Samsungs dayssales in raw materials inventory better or worse than ApplesAssume all production needs can be met for both companies.For the current annual reports of Samsung and Apple, assume they report the following.
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