Arrow Distribution: Net revenue: $16,500 Cost of sales: $13,500 Average inventory: $1000 Total assets: $8,600 Baker...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Arrow Distribution: Net revenue: $16,500 Cost of sales: $13,500 Average inventory: $1000 Total assets: $8,600 Baker manufacturing Net revenue: $27,500 Cost of sales: $21,500 Average inventory: $1,250 Total assets: $16,600 Baker manufacturing wishes to compare its inventory tumover to those of industry leaders who have turnover of about 13 times per year and 8% of their assets invested in inventory. This question is based on the lecture titled supply chain management a) What is Baker's turnover? (slide 19) b) What is Baker's percentage of assets committed to inventory? (slide 13) c) How does Baker's performance compare to the industry leaders? Arrow distribution prefers to track inventory by using weeks of supply as well as inventory turnover. d) what is its weeks of supply? (slide 20) e) what percentage of arrow's assets are committed to inventory? f) What is Arrow's inventory turnover? g) Is arrow's supply chain performance as measured by these inventory metrics, better than Baker's? Arrow Distribution: Net revenue: $16,500 Cost of sales: $13,500 Average inventory: $1000 Total assets: $8,600 Baker manufacturing Net revenue: $27,500 Cost of sales: $21,500 Average inventory: $1,250 Total assets: $16,600 Baker manufacturing wishes to compare its inventory tumover to those of industry leaders who have turnover of about 13 times per year and 8% of their assets invested in inventory. This question is based on the lecture titled supply chain management a) What is Baker's turnover? (slide 19) b) What is Baker's percentage of assets committed to inventory? (slide 13) c) How does Baker's performance compare to the industry leaders? Arrow distribution prefers to track inventory by using weeks of supply as well as inventory turnover. d) what is its weeks of supply? (slide 20) e) what percentage of arrow's assets are committed to inventory? f) What is Arrow's inventory turnover? g) Is arrow's supply chain performance as measured by these inventory metrics, better than Baker's?
Expert Answer:
Answer rating: 100% (QA)
To answer your questions lets calculate the relevant metrics for Baker Manufacturing and Arrow Distribution a Bakers turnover inventory turnover is ca... View the full answer
Posted Date:
Students also viewed these accounting questions
-
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. a. What is Bakers...
-
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. a) What is Baker's...
-
This exercise is based on the three Presentation Layer ER diagrams that follow. a. Describe what is reflected by the entity types and relationship types in Presentation Layer ER diagram number 1. In...
-
If Converse introduced a new SMART WATCH for Men and Women, should they launch the product using Market Skimming or Marketing Penetration? Explain answer
-
A weather balloon contains an ideal gas and has a volume of 2.5 m3 at launch, with a pressure of 101 kPa. As it rises slowly through the atmosphere, the gas temperature remains constant at 273 K. (a)...
-
Intermediate Outline the main features of a responsibility accounting system. (6 marks) ACCA Level 2 Management Accounting
-
Construct a scatter plot of home runs versus batting average.
-
Listed below are three lottery payout options. Option 1: $ 975,000 now Option 2: $ 153,000 at the end of each year for the next nine years Option 3: $ 1,550,000 nine years from now Rather than...
-
A company produces two products: Saddle and Forks. Anticipated unit sales are shown here: Finished goods inventory estimates in units are shown here: Which underlying t - account helps us set up a...
-
When you identified income statement fluctuations in steps (e) and (f) of this assignment, which information did you find most helpfulcomparisons of the current year's and prior year's balances, or...
-
What is the book value per share at the end of this year? Markus Company's common stock sold for $2.75 per share at the end of this year. The average number of common shares outstanding during the...
-
Classic Auto Parts sells new and used auto parts. Although a majority of its sales are cash sales, it makes a significant amount of credit sales. During 2012, its first year of operations, Classic...
-
The following information is available for Market Inc. and Supply Inc. at December 31, 2012: Required a. What is the accounts receivable turnover for each of the companies for 2012 ? b. What is the...
-
Buck Novak, the chief executive officer of Novak Corporation, has assembled his top advisers to evaluate an investment opportunity. The advisers expect the company to pay \($400,000\) cash at the...
-
Verify the log-likelihood in equation (16.4) for the Tobit model. In L = = In { 1-0 (x-di)} 1:y=di 122. + (y; - x) 02 (16.4) i:y;>di
-
Milo Company is considering the purchase of new equipment for its factory. It will cost \($250,000\) and have a \($50,000\) salvage value in five years. 1 he annual net income from the equipment is...
-
It is Canada Income Tax, all information approved, thank you for help! $ 100,000 $ 120,000 $ 20,000 $ 200,000 $ 40,000 Practice question: ACB of Partnership Interest Jan 1, Year 1, Partners Q, S and...
-
Why is inventory management important for merchandising and manufacturing firms and what are the main tradeoffs for firms in managing their inventory?
-
Use zone analysis to account for purchases made at a price below the fair value of the companys net assets. AppendixLO1
-
Allocate the purchase cost to the assets and liabilities of the acquired company. AppendixLO1
-
Account for assets and liabilities included in a business combination that involves goodwill. AppendixLO1
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App