Question: Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $17,090 Cost

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

Arrow Distributing Corp.

Net Revenue

$17,090

Cost of sales

$12,080

Inventory

$1,010

Total assets

$8,330

What is its weeks of supply? ____ weeks (round your response to two decimal places)

What percentage of Arrow's assets are committed to inventory? ____ (enter your response as a percentage rounded to two decimal places).

What is Arrow's inventory turnover? ___ times per year (round your response to two decimal places).

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

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!