Question: Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $16,860 Cost

Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover.

Arrow Distributing Corp.

Net Revenue

$16,860

Cost of sales

$13,210

Inventory

$1,070

Total assets

$8,970

Part 2

a) What is its weeks of supply?

___weeks (round your response to two decimal places).

Part 3

b) What percentage of Arrow's assets are committed to inventory?

___

(enter your response as a percentage rounded to two decimal places).

Part 4

c) What is Arrow's inventory turnover?

enter your response here ___ times per year (round your response to two decimal places).

Part 5

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

the same

worse

better

.

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