Question: Please show work! Problems 11.5-11.11 relate to Measuring Supply Chain Performance 11.5 Baker Mfg. Inc. (see Table 11.9) wishes to compare its inventory turnover to

Please show work! Problems 11.5-11.11 relate to Please show work!

Problems 11.5-11.11 relate to Measuring Supply Chain Performance 11.5 Baker Mfg. Inc. (see Table 11.9) wishes to compare its inventory turnover to those of industry leaders, who have turnover of about 13 times per year and 8% of their assets invested in inventory. a) What is Baker's inventory turnover? b) What is Baker's percentage of assets committed to inventory? c) How does Baker's performance compare to the industry leaders? TABLE 11.9 For Problems 11.5 and 11.6 ARROW DISTRIBUTING CORP. Net revenue $16,500 Cost of sales $13,500 Average inventory $ 1,000 Total assets $ 8,600 BAKER MFG. INC. Net revenue $27,500 Cost of sales $21,500 Average inventory $ 1,250 Total assets $16,600

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