What is baker percent of assets committed to inventory

Assignment Help Operation Management

Reference no: EM131660894

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

Reference no: EM131660894

Questions Cloud

Prepare that same solution : How much solute would it take to prepare solution with 122 g of 0.540m in KCL? How much solvent would it take to prepare that same solution?

Explain which factors decrease the risk more than others : Based on your knowledge concerning capital budgeting, In your opinion explain which factors decrease the risk more than others

Reaction in relation to enthalpy changes : Describe the chemical nature of the dissolution reaction for a salt in water and interpret the reaction in relation to enthalpy changes.

Expected value for the heat of solution : For an ideal solution, what is the expected value for the heat of solution? When and why would you expect a solution to deviate from ideal behaviour?

What is baker percent of assets committed to inventory : What is Baker’s inventory turnover? What is Baker’s percent of assets committed to inventory?

How is efficiency different from productivity : What part of the organization has primary responsibility for productivity?How is efficiency different from productivity?

Integral heat of solution : For a solution of KNO3, how would you explain the decreasing "integral heat of solution" and "differential heat of solution"

Explains the policy : From the list below, please choose a particular environmental policy that is being used in the United States

Except presented three-groundwater : List one other issue that could be addressed and relate it to the material presented in the case except presented three-groundwater, recycling, and water safety

User Account

All Pages