Question: Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $17.440 Cost
Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $17.440 Cost of sales $13,590 Inventory $1.040 Total assets $8,860 a) What is its wooks of supply weeks (round your response to two decimal places), b) What percentage of Arrows assets are committed to inventory? % (ontor your response as a percentage rounded to wo decimal places). c) What is Arrow's inventory turnover? times per year (round your response to two decimal places) d) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, is
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
