The following data in millions were taken from recent

annual
The following data in millions were taken from recent annual

The following data (in millions) were taken from recent annual reports of Apple Inc., a
manufacturer of personal computers and related products, and Mattel Inc., a manufacturer of
toys, including Barbie®, Hot Wheels®, and Disney Classics:

__________________________________ Apple __________ Mattel

Cost of merchandise sold .................. $140,089 .............. $2,896

Inventory, end of year ........................ 2,349 .................... 588

Inventory, beginning of the year ............ 2,111 .................... 562

a. Determine the inventory turnover for Apple and Mattel. Round to one decimal place.

b. Would you expect Mattel's inventory turnover to be higher or lower than Apple's? Why?

The following data in millions were taken from recent annual

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