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what is b? Baker Mfg. Inc. Net Revenue $27,500 Cost of sales $20,460 Inventory $1,240 Total assets $16,220 Baker Mfg Inc. wishes to compare its
what is b?
Baker Mfg. Inc. Net Revenue $27,500 Cost of sales $20,460 Inventory $1,240 Total assets $16,220 Baker Mfg Inc. wishes to compare its inventory tumover to those of industry leaders, who have turnover of about 13 times per year Baker Mfg.Inc. Net Revenue Cost of sales Inventory Total assets a) What is Baker's inventory turnover? 16.5 times per year (round your response to two decimal places). b) What is Baker's percentage of assets committed to inventory? 1% (enter your response as a percentage rounded to two decim ve 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 $20,460 Inventory $1,240 Total assets $16,220 ecimal places). se as a percentage rounded to two decimal places) Step by Step Solution
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