1. Baker Mfg Inc. 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. Baker Mfg. Inc. Net Revenue Cost of sales $27,500 $19,130 $1,260 $17,110 Inventory Total assets times per year (round your response to two decimal places). a) What is Baker's inventory turnover? b) What is Baker's percentage of assets committed to inventory? c) How does Baker's performance compare to the industry leaders? (1)- (1) In Line with Industry O Worse Better % (enter your response as a percentage rounded to two decimal places).