Question: $ millions Apple Current Year 1 Year Ago 2 Years Ago Raw materials inventory, ending $ 2 , 1 0 0 $ 1 , 9
$ millions Apple
Current Year Year Ago Years Ago
Raw materials inventory, ending $ $ $
Raw materials used
$ millions Google
Current Year Year Ago Years Ago
Raw materials inventory, ending $ $ $
raw materials used
Compute the recent two years raw materials inventory turnover ratio for a Apple and b Google.
Is the current year change in Apples raw materials inventory turnover ratio favorable or unfavorable? Is the current year change in Googles raw materials inventory turnover ratio favorable or unfavorable?
For the current year, does raw materials inventory turnover outperform or underperform the industry assumed average of for a Apple and b Google?
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