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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