Can you assit me with this problem 4 by showing me the process step by step. I prefer it not be in the form of an excel sheet because it is hard to follow along. Thank you kindly Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover.Arrow Distributing Corp.Net RevenueCost of salesInventoryTotal assets$16,880$12,480$980$8,510a) What is its weeks of supply? weeks (round your response to two decimal places).b) What percentage of Arrow's assets are committed to inventory? % (enter your response as a percentage rounded to two decimal places).c) What is Arrow's inventory turnover? times per year (round your response to two decimal places).

Formula to be used; Weeks of supply Average Inventory*52 Cost of goods sold Inventory…

Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $16,880 Cost of sales Inventory Total assets $12,480 $980 $8,510 a) What is its weeks of supply? |weeks (round your response to two decimal places). b) What percentage of Arrow's assets are committed to inventory?% (enter your response as a percentage rounded to two decimal places). c) What is Arrow's inventory turnover? times per year (round your response to two decimal places).

Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue $16,880 Cost of sales Inventory Total assets $12,480 $980 $8,510 a) What is its weeks of supply? |weeks (round your response to two decimal places). b) What percentage of Arrow's assets are committed to inventory?% (enter your response as a percentage rounded to two decimal places). c) What is Arrow's inventory turnover? times per year (round your response to two decimal places).

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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