Question: Question content area Part 1 Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing

Question content area

Part 1

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

Arrow Distributing Corp.

Net Revenue

$16,480

Cost of sales

$12,790

Inventory

$980

Total assets

$9,450

Part 2

a) What is its weeks of supply?

___ weeks (round your response to two decimal places).

Part 3

b) What percentage of Arrow's assets are committed to inventory?

____% (enter your response as a percentage rounded to two decimal places).

Part 4

c) What is Arrow's inventory turnover?

_____ times per year (round your response to two decimal places).

Part 5

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

better

the same

worse

.

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!