Question: Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $16,560 Cost
Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover.
| Arrow Distributing Corp. | |
| Net Revenue | $16,560 |
| Cost of sales | $14,570 |
| Inventory | $970 |
| Total assets | $9,340 |
- 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
- worse.
- the same
- better
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