Key figures for Samsung follow. W millions Inventory Cost of sales Current Year W 28,984,704 One...

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Key figures for Samsung follow. W millions Inventory Cost of sales Current Year W 28,984,704 One Year Prior W 24,983,355 W132,394,411 W129, 290,661 Required: 1. For the most recent two years compute Samsung's (a) inventory turnover and (b) days' sales in inventory. 2. Is the change in Samsung's inventory turnover favorable or unfavorable? 3. Did the current-year inventory turnover for Samsung underperform or outperform the industry's average turnover of 15? Two Years Prior W 18,353,503 W120,277,715 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 For the most recent two years compute Samsung's (a) inventory turnover and (b) days' sales in inventory. (Do not round intermediate calculations. Round your answers to 1 decimal place.) (a) Inventory turnover (b) Days' sales in inventory Current Year times days One Year Prior times days Key figures for Samsung follow. W millions Inventory Cost of sales Current Year W 28,984,704 One Year Prior W 24,983,355 W132,394,411 W129, 290,661 Required: 1. For the most recent two years compute Samsung's (a) inventory turnover and (b) days' sales in inventory. 2. Is the change in Samsung's inventory turnover favorable or unfavorable? 3. Did the current-year inventory turnover for Samsung underperform or outperform the industry's average turnover of 15? Two Years Prior W 18,353,503 W120,277,715 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 For the most recent two years compute Samsung's (a) inventory turnover and (b) days' sales in inventory. (Do not round intermediate calculations. Round your answers to 1 decimal place.) (a) Inventory turnover (b) Days' sales in inventory Current Year times days One Year Prior times days

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To compute Samsungs inventory turnover and days sales in inventory well use the following formulas a Inventory turnover Cost of sales Average inventor... View the full answer