Comparative figures for Apple and Google follow.

Apple

GOOGLE

($ millions)

Current Year

One Year Prior

Two Years Prior

Current Year

One Year Prior

Two Years Prior

Inventory	$1,764	$791	$776	$426	$505	$35
Cost Of Sales	106,606	87,846	64,431	25,858	20,634	13,188

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 of 40.