Question: Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $17,240 Cost

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

Arrow Distributing Corp.

Net Revenue

$17,240

Cost of sales

$13,890

Inventory

$1,020

Total assets

$8,970

a) What is its weeks of supply? 3.823.82 (round your response to two decimal places).

b) What percentage of Arrow's assets are committed to inventory? 11.3711.37% (enter your response as a percentage rounded to two decimal places).

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

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