Question: The following data were taken from recent annual reports of Dell Inc., a vendor of personal computers and related technology products, and Boeing Co., a
The following data were taken from recent annual reports of Dell Inc., a vendor of personal computers and related technology products, and Boeing Co., a manufacturer of jet aircraft and aerospace products:
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a. Determine the inventory turnover for Dell and Boeing. Round to one decimal place.
b. Would you expect Boeings inventory turnover to be higher or lower than Dells?Why?
Dell Inc.Boeing Co. (in millions) in millions) Cost of goods sold Inventory, end of year Inventory, beginning of the year $40,190 459 327 $44,675 4,247 5,338
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a Dell 1023 40190 459 327 2 Boeing 93 44675 4247 5338 2 b Lower Much of Boeings ... View full answer
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