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

  1. What is its weeks of supply? weeks (round your response to two decimal places).
  2. What percentage of Arrow's assets are committed to inventory? (enter your response as a percentage rounded to two decimal places).
  3. What is Arrow's inventory turnover? times per year (round your response to two decimal places).
  4. 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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

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

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!