Apple and Samsung compete in the global marketplace. Apple's and Samsung's financial statements are in...
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Apple and Samsung compete in the global marketplace. Apple's and Samsung's financial statements are in Appendix A. Required: 1. Compute the ratio of inventory to total assets for Apple as of September 30, 2017, and for Samsung as of December 31, 2017. Express your answers as percentages, rounded to two decimal places. 2. Based on the answer to question 1, which company's (Apple or Samsung) inventory policy more closely follows a JIT system? APPLE SAMSUNG Change in inventory % Apple and Samsung compete in the global marketplace. Apple's and Samsung's financial statements are in Appendix A. Required: 1. Compute the ratio of inventory to total assets for Apple as of September 30, 2017, and for Samsung as of December 31, 2017. Express your answers as percentages, rounded to two decimal places. 2. Based on the answer to question 1, which company's (Apple or Samsung) inventory policy more closely follows a JIT system? APPLE SAMSUNG Change in inventory %
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