Question: Please answer all parts completely, thank you. Given the data below, please determine the following inventory metrics a. what is the inventory turn? b. how

Please answer all parts completely, thank you.

Please answer all parts completely, thank you.

Given the data below, please determine the following inventory metrics a. what is the inventory turn? b. how much of the firm's assets are tied up in inventory? c. if the industry average is 75 turns and 4% of assets, how is this company doing? Net revenue Cost of sales Merchandise inventory Warehouse costs Total liabilities Total assets $200,000 $150,000 $2,500 $10,000 $75,000 $100,000

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