Arrow Distributing Corp. likes to track inventory by using weeks of supply as we

Question

Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp Net Revenue Cost of sales Inventory Total assets $16,040 $14,360 $980 $8,540 a) What is its weeks of supply?weeks (round your response to two decimal places). b) What percent of Arrow's assets are committed to inventory? % (enter your response as a percentage rounded to two decimal places) c) What is Arrow's inventory turnover?times per year (round your response to two decimal places). d) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, is

Explanation / Answer

Answer:- Weeks of supply=Inventory investment/sales/52 =980/14360/52 =3.55

Answer:- Percent of arrows assets committed to inventory =(Total inventory/total assets)*100

Percent of arrows assets committed to inventory =(980/8540)*100=11.48%

Answer:- Inventory turnover = cost of good sold/inventory investment =14360/980=14.65

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.