Question: AA 5-2 Comparative Analysis LO A3 Comparative figures for Apple and Google follow, $ millions Inventory Cost of sales Current Year $ 4,855 141,848 Apple


AA 5-2 Comparative Analysis LO A3 Comparative figures for Apple and Google follow, $ millions Inventory Cost of sales Current Year $ 4,855 141,848 Apple One Year Two Years Prior Prior $ 2,132 $ 2,349 131,376 140,089 Google Current One Year TWO Years Year Prior Prior $ 749 $ 268 $ 491 45,583 35,138 28,164 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. In the current year, does Apple's and (Google's inventory turnover underperform or outperform the industry assumed) average of 15? rences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute inventory tumover for each company for the most recent two years shown. (Round your answers to 1 decimal place.) Inventory Turnover Current Year One Year Prior times times times times Apple Google Required 2 > AA 5-2 Comparative Analysis LO A3 Comparative figures for Apple and Google follow. $ millions Inventory Cost of sales Current Year $ 4,855 141,048 Apple One Year Prior $ 2,132 131, 376 TWO Years Prior $ 2,349 140,089 Google Current One Year TWO Years Year Prior Prior $ 749 $ 268 $ 491 45,583 35,138 28,164 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. In the current year does (a) Apple's and () Google's inventory turnover underperform or outperform the industry assumed) average of 15? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute days' sales in Inventory for each company for the three years shown. (Round your answers to 1 decimal place.) Apple Google Current Year days days Days' Sales In Inventory One Year Prior days days Two Years Prior days days AA 5-2 Comparative Analysis LO A3 Comparative figures for Apple and Google follow. Apple Current One Year Two Years $ millions Year Prior Prior Inventory $ 4,855 $ 2,132 $ 2,349 Cost of sales 141,048 131,376 140,089 Current Year $ 749 45,583 Google One Year Two Years Prior Prior $ 268 $ 491 35,138 28,164 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. In the current year, does (m Apple's and in Google's inventory turnover underperform or outperform the industry assumed average of 157 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 In the current year, does (a) Apple's and (b) Microsoft's inventory turnover underperform or outperform the industry (assumed) average of 15? Inventory Turnover (a) Apple (b) Google
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