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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Comparative figures for Research In Motion and Apple follow.
|
 |
Research In Motion |
Apple |
||||
|
 |
||||||
|
 |
Current |
One Year |
Two Years |
Current |
 One Year |
Two Years |
|
($ millions) |
Year |
Prior |
Prior |
Year |
Prior |
Prior |
|
Inventory |
$ 622 |
$ 682 |
$ 396 |
$ 455 |
$ 509 |
$ 346 |
|
Cost of sales |
8,369 |
5,968 |
2,929 |
25,683 |
24,294 |
16,426 |
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. Comment on and interpret your findings from parts 1 and 2. Assume an industry average for inventory turnover of 10.
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