Question: use second pic as guide on what to answer Baker Mfg Inc. wishes to compare its inventory turnover to those of industry leaders who have

use second pic as guide on what to answer use second pic as guide on what to answer Baker
use second pic as guide on what to answer Baker
Baker Mfg Inc. 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 ICO Baker Mfg. Ing. Net Revenue $27,500 Cost of sales $22,080 Inventory $1,210 Total assets $16,880 a) What is Baker's inventory tumover times per year (round your response to two decimal places). Mettrous Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $746 million and inventory was 51.47 milion. This year, costs of goods sold is $8.58 milion and inventory investment is $1.64 millon .) What was its weeks of supply last year? 10:25 weeks (round your maponse to two decimal places). b) What is its works of supply this year? 0.94 wonka (round your response to two decimal places). c) is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has not changed, Mattress Wholesalers is making negative progress in its inventory reduction effort

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