Question: Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $15,630 Cost
Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover.
| Arrow Distributing Corp. | |
| Net Revenue | $15,630 |
| Cost of sales | $12,020 |
| Inventory | $1,070 |
| Total assets | $8,940 |
a) What is its weeks of supply? ______ weeks (round your response to two decimal places).
b) What is Arrow's inventory turnover? _____ times per year (round your response to two decimal places).
c) 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
worse / the same / better
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