Question: EXTENDED ANALYSIS A1 AA 8-3 Comparative figures for Samsung, Apple, and Google follow. Samsung Apple Goog Prior Current Year Two Years Prior Current Year Prior

EXTENDED ANALYSIS A1 AA 8-3 Comparative figures for Samsung, Apple, and

EXTENDED ANALYSIS A1 AA 8-3 Comparative figures for Samsung, Apple, and Google follow. Samsung Apple Goog Prior Current Year Two Years Prior Current Year Prior Year Current Year $ millions Year Total assets Net sales $302,511 197,691 $291,179 209,163 $274,268 217,755 $338,516 260, 174 $365,725 265,595 $275,909 161,857 Required 1. Compute total asset turnover for the most recent two years for Samsung using the data shown. 2. Is the change in Samsung's asset turnover favorable or unfavorable? 3. For the current year, is Samsung's asset turnover better or worse than the asset turnover for (a) Apple and (b) Google

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