Document1 - Microsoft Word File Home Insert Page Layout References Mailings Review View 4 ?

Hi please answer this question correctly and give the explanation.

Document1 - Microsoft WordFileHomeInsertPage LayoutReferencesMailingsReviewView4 ?do CutArial11a CopyA A AasWAaBbCcDoAaBbCcDc AaBbC. AaBbcc AaBAaBbCc. AaBbCcDFindPasteB I U -abe x: X' |A -27 - -dac ReplaceFormat Painter1l Normal1 No Spaci...Heading 1Heading 2TitleSubtitleSubtle Em...ChangeStylesSelectClipboardFontParagraphStylesGEditingL3. Amanda Bakery wants to compare its inventory turnover with its industry leader, which has aturnover of 13 times per year and 18% of its assets are divested in inventory (inventory).ARROW DISTRIBUTING CORPNet revenue$16,500Cost of sales$13,500Inventory$ 1,000Total assets$ 8,600BAKER MFG. INC.Net revenue$27,500Cost of sales$21,500Inventory$ 1,250Total assets$16,600a. Determine inventory turnover.b. What percentage of assets has been agreed to for inventory?. What is Amanda Bakery's performance compared to the industry leader?Page: 1 of 1 |Words: 5890% -+3OW11:12 AM4/2/2019