MGT 455 WEEK 7 QUIZ 11.5
Baker Mfg. Inc. (see Table 11.9) 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 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 For Problems 11.5 and 11.6
ARROW DISTRIBUTING CORP.
Net revenue $16,500
Cost of sales $13,500
Inventory $ 1,000
Total assets $ 8,600
BAKER MFG. INC.
Net revenue $27,500
Cost of sales $21,500
Inventory $ 1,250
Total assets $16,600
USA 
India