1. Business
  2. Operations Management
  3. 11 5 baker mfg inc see table 119 wishes...

Question: 11 5 baker mfg inc see table 119 wishes...

Question details

11. 5

Baker Mfg. Inc. (see Table 11.9 ) wishes to compare its 11.5 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 percent of assets committed to inventory?

c) How does Baker’s performance compare to the industry leaders?

TABLE 11.9 ARROW DISTRIBUTING CORP. Net revenue For Problems 11.5 and 11.6 $16,500 $13,500 $1,000 8,600 Cost of sales Inventory Total assets BAKER MFG. INC Net revenue $27,500 $21,500 $1,250 $16,600 Cost of sales Inventory Total assets

*** Please answer all parts and provide answer and steps including formulas to input in excel only. Thank you!***

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution