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Operation Fresh Start Inc. - QUATITATIV 3214

1)Arrow Distributing Cornet revenue$16,500 Cost of sales$13,500 Inventory$1,000 Total assets$8,600 BAKER MFG. INC.Net revenue$27,500Cost of sales$21,500Inventory$1,250Total assets$16,600

(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?

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