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:43 Key figures for Samsung follow. $ millions Inventory Cost of sales Current Year $ 22,966 126,336 One Year Prior $ 24,870 113,598 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? (a) Inventory turnover (b) Days' sales in inventory Two Years Prior $ 22,708 117,515 X Answer is complete but not entirely correct. 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. Note: Do not round intermediate calculations. Round your answers to 1 decimal place. Current Year 5.3 times 69.1 days + One Year Prior times 4.8 76.4 x days

Key figures for Samsung follow. 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 ? 8 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. For the most recent two years compute Samsung's (o) inventory turnover and (b) days' sales in inventory. Note: Do not round intermediate calculations. Round your answers to 1 decimal place

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