Jenna$$ Baker, CEO of Baker Mfg$$ Inc., wishes to compare her$$ company's inventory turnover to those of industry$$ 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

$$$

$21,850$

Inventory

$$$

$1,270$

Total assets

$$$

$17,160$

Part $2$

What is$$ Baker's percentage of assets committed to$$ inventory?