Question: Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $16,340 Cost

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

Arrow Distributing Corp.

Net Revenue

$16,340

Cost of sales

$13,390

Inventory

$1,020

Total assets

$9,130

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

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

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

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 _________________.

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