The plant manager, Murat Kristal, at York Technologies makes Aircraft Navigation Systems. He expects you, as the new OM analyst, to provide some insight for performance of the plant. High on his list is an understanding of his turnover based on the financial data in Table 11.10.He expects you to provide him with the following:
a) Based on total inventory, what is the inventory turnover for last year?
b) Based on total inventory, what is the inventory turnover for this year?
c) Has inventory turnover improved this year?

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Sales Cost of goods sold Gross margin Other expenses Net income Finished goods inventory Work-in-process inventory Raw material inventory Total inventory (average for year) Other current assets Other assets Total assets LAST YEAR $ 215,000 121,000 94,000 49,000 45,000 2,000 10,000 5,000 17,000 91,000 213,000 321,000 THIS YEAR $ 228,000 131,000 97,000 49,000 48,000 5,000 12,000 6,000 23,000 110,000 242,000 375,000