Question: Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. begin{tabular}{lr} hline multicolumn{2}{c}{ Arrow Distributing Corp. }

Arrow Distributing Corp. likes to track inventoryArrow Distributing Corp. likes to track inventoryArrow Distributing Corp. likes to track inventory

Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. \begin{tabular}{lr} \hline \multicolumn{2}{c}{ Arrow Distributing Corp. } \\ \hline Net Revenue & $16,560 \\ Cost of sales & $12,580 \\ Inventory & $920 \\ Total assets & $9,270 \end{tabular} a) What is its weeks of supply? weeks (round your response to two decimal places). b) What percentage of Arrow's assets are committed to inventory? % (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). 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 worse better the same

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!