Question: Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Net Revenue 16680 cost of sales 14900

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

Net Revenue 16680
cost of sales 14900
inventory 1060
total assets 8330

a) What is its weeks of supply in weeks? (2decimal)

b) What is Arrow's inventory turnover? (Times per year) (2decimal)

c) 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,same)?

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