Question: W10 Financial Statement Analysis Chapter 5 Saved Help FSA 5-3 Global Analysis LO A3 3 Key figures for Samsung follow. 10 points # millions Inventory



W10 Financial Statement Analysis Chapter 5 Saved Help FSA 5-3 Global Analysis LO A3 3 Key figures for Samsung follow. 10 points # millions Inventory Cost of sales Current Year # 28,984,704 #132,394,411 One Year Prior # 24,983,355 #129, 290,661 Two Years Prior # 18,353,503 #120,277,715 eBook Print 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? References 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.) Current Year One Year Prior times times (a) Inventory turnover (b) Days' sales in inventory days days Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Is the change in Samsung's inventory turnover favorable or unfavorable? Is the change in Samsung's inventory turnover favorable or unfavorable? Key figures for Samsung follow. # millions Inventory Cost of sales Current Year # 28,984, 704 #132, 394,411 One Year Prior # 24,983,355 #129, 290,661 Two Years Prior # 18,353,503 #120,277,715 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? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Did the current-year inventory turnover for Samsung underperform or outperform the industry's average turnover of 15? Did the current-year inventory turnover for Samsung underperform or outperform the industry's average turnover of 15?
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