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Hi I was wondering if I could get help with this question 1. Baker Mfg Inc. wishes to compare its inventory turnover to those of

Hi I was wondering if I could get help with this question

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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 $27,500 Cost of sales $21,570 Inventory $1,230 Total assets $16,930 a) What is Baker's inventory turnover? times per year (round your response to two decimal places). b) What is Baker's percentage of assets committed to inventory? % (enter your response as a percentage rounded to two decimal places). c) How does Baker's performance compare to the industry leaders? (1) (1) In Line with Industry Worse O

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