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Financial Variables Total Assets (in $ billions) 29.7 Cost of Goods Sold (in $ billions) 28.3 Inventory: Raw Material Inventory (in $ billions) .98 Work-in-progress

Financial Variables Total Assets (in $ billions) 29.7 Cost of Goods Sold (in $ billions) 28.3 Inventory: Raw Material Inventory (in $ billions) .98 Work-in-progress Inventory (in $ billions) .89 Finished Goods Inventory (in $ billions) .88 Compute the percentage of assets committed to inventory and inventory turnover. Round your answers to the first decimal place. The total assets committed to inventory is 9.2 % and the inventory turnover for the firm is 30.7 times

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