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(Efficiency analysis) Baryla inc. manufactures high quality decorator lamps in a plant located in eastern Tennessee. Last year the firm had sales of $103 milision

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(Efficiency analysis) Baryla inc. manufactures high quality decorator lamps in a plant located in eastern Tennessee. Last year the firm had sales of $103 milision and a gross profit margin of 42 percent. a. How much inventory can Baryla hold and still maintain an inventory tumover ratio of at least 6.5 times? b. Currently, some of Baryla's inventory includes $1.8 miliion of outdated and damaged goods that simply remain in inventory and are not salable. What inventory tumover ratio must the good inventory maintain in order to achieve an overal turnover ratio of at least 6.5 (including the unsalable items)? a. How much inventory can Baryla hold and still maintain an inventory turnover ratio of at least 6.5 times? The amount of inventory that Baryla can hold is \$ million. (Round to one decimal place.)

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