Question: The following data are pulled from a recent Walsh Manufacturing annual report. Assets Raw material inventory $150,000 Work-in-process inventory $50,000 Finished goods inventory $330,000 Property,

The following data are pulled from a recent Walsh Manufacturing annual report. Assets Raw material inventory $150,000 Work-in-process inventory $50,000 Finished goods inventory $330,000 Property, plant & equipment $500,000 Other assets $140,000 Total assets $1,170,000 Condensed Income Statement Revenue Cost of goods sold Other expenses Net income Calculate the weeks of supply. $2,000,000 $700,000 $1,000,000 $300,000 24.51 39.37 0.47 0.76

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