Evaluate his supply chain performance by measuring

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Reference no: EM131764555

Jack’s Pottery Outlet has total end-of-year assets of $5 million. The first of the year inventory was $375,000, with a year-end inventory of $325,000. The annual costs of goods sold was $7 million. The owner, Eric Jack, wants to evaluate his supply chain performance by measuring his:

(a) percent of assets in inventory

(b) inventory turnover

Reference no: EM131764555

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