9) The following data are pulled from a recent Walsh Manufacturing annual report Assets Raw material inventory Work-in-process inventory Finished goods inventory Property, plant & equipment Other assets Total assets $120,000 $50,000 $300,000 $500,000 $200.000 $1,170,000 Condensed Income Statement Revenue Cost of goods sold Other expenses Net income $2,000,000 $600,000 $1.000.000 $400,000 What is inventory percentage? (Percent invested in inventory) A) 20.5% B) 257% C) 32.89 D) 40.2% E) 46.0% 10) In the example above what is Weeks of supply? A) 16 B) 25.6 C) 327 D) 355 E) 10.7