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Please show me the work on this
Problems 11.5-11.8 relate to Measuring Supply Chain Performance 11.5 Baker Mfg. Inc. (see Table 11.9) wishes to compare its inventory turnover to those of industry leaders, who have turno- ver of about 13 times per year and 8% of their assets invested in inventory a) What is Bakers inventory turnover? b) What is Bakers percent of assets committed to inventory? c) How does Bakers performance compare to the industry leaders? For Problems 11.5 and 11.6 TABLE 11.9 ARROWN DISTRIBUTING CORP. Net revenue Cost of sales Inventory Total assets BAKER MFG. INC. Net revenue Cost of sales Inventory Total assets $16,500 $13,500 $1,000 $8,600 $27,500 $21,500 $1,250 $16,600
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