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