FSA 5-2 Comparative Analysis LO A3 Comparative figures for Apple and Google follow. $ millions Inventory Cost of sales Current Year $ 3,956 163,756 Apple Google Apple One Year Two Years Prior Prior $4,855 $ 2,132 131,376 141,048 Complete this question by entering your answers in the tabs below. Inventory Turnover Current Year Required: 1. Compute inventory turnover for each company for the most recent two years shown. 2. Compute days' sales in inventory for each company for the three years shown. 3. Did the current year inventory turnover underperform or outperform the industry's average turnover of 15 in the case of (a) Apple and (b) Google? Required 1 Required 2 Required 3 Compute inventory turnover for each company for the most recent two years shown. Note: Do not round intermediate calculations. Round your answers to 1 decimal place. times times Current Year $ 1,107 59,549 Google One Year One Year Prior times times Prior $ 749 45,583 Required 1 Two Years Prior Required 2 > $268 35,138

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.