Question: Arrow Dintributing Corp. likes to track inventory by using weeks of supply as well as by inventory tumover. Arrow Distributing Corp. Net Revenue $17,600 Cost

Arrow Dintributing Corp. likes to track inventory by using weeks of supply as well as by inventory tumover. Arrow Distributing Corp. Net Revenue $17,600 Cost of sales $14,400 Inventory $1,080 Total assets $9,440 a) What is its weeks of supply? 3.90 weeks (round your response to two decimal places). b) What percentage of Arrow's assets are committed to inventory? 11.44 % (enter your response as a percentago rounded to two decimal places). c) What is Arrow's inventory tumover? times per year (round your response to two decimal places)

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