Question: answer and explanation so that I can understand it. thank you Problems 11.5-11.8 relate to Measuring Supply Chain Performance (11.5 Baker Mfg. Inc. (see Table

answer and explanation so that I can understand it. thank you answer and explanation so that I can understand
Problems 11.5-11.8 relate to Measuring Supply Chain Performance (11.5 Baker Mfg. Inc. (see Table 11.9) wishes to compare its inventory turnover to those of industry leaders, who have turno- ver of about 13 times per year and 8% of their assets invested in inventory. a) What is Baker's inventory turnover? b) What is Baker's percent of assets committed to inventory? c) How does Baker's performance compare to the industry leaders. ATABLE 11.9 For Problems 11.5 and 11.6 $16,500 $13,500 $1,000 $ 8,600 ARROW DISTRIBUTING CORP. Net revenue Cost of sales Inventory Total assets BAKER MFG. INC. Net revenue Cost of sales Inventory Total assets $27,500 $21,500 $1,250 $16,600

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