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Baker Mfg Inc. wishes to compare its inventory turnover to those of industry leaders, who have turnover of about 13 times per year and
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 $27,500 $21,930 $1,260 Cost of sales Inventory Total assets a) What is Baker's inventory turnover? times per year (round your response to two decimal places). $17,910 Please copy and paste data from text area below. Selected delimiter: Tab Baker Mfg. Inc. Net Revenue $27,500 Cost of sales $21,930 Inventory $1,260 Total assets $17,910 Done
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