Question: - 1 1 . 5 Baker Mfg . Inc. ( see Table 1 1 . 9 ) wishes to inventory turnover to those of industry
Baker Mfg Inc. see Table wishes to inventory turnover to those of industry leaders, who have turnover of about times per year and of their assets invested in inventory.
a What is Baker's inventory turnover?
b What is Baker's percentage of assets committed to inventory?
c How does Baker's performance compare to the industry leaders?
TABLE
For Problems and
tableARROW DISTRIBUTING CORP.,Net revenue,$
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