•• 11.5 inventory turnover to those of industry leaders, who have turno- ver of about 13 times per year and 8% of their assets invested in inventory. a) What is Baker's inventory turnover? b) What is Baker's percent of assets committed to inventory? c) How does Baker's performance compare to the industry leaders? Baker Mfg. Inc. (see Table 11.9) wishes to compare its TABLE 11.9 For Problems 11.5 and 11.6 ARROW DISTRIBUTING CORP. Net revenue $16,500 Cost of sales $13,500 $ 1,000 $ 8,600 Inventory Total assets BAKER MFG. INC. Net revenue $27,500 Cost of sales $21,500 Inventory $ 1,250 Total assets $16,600

•• 11.5 inventory turnover to those of industry leaders, who have turno- ver of about 13 times per year and 8% of their assets invested in inventory. a) What is Baker's inventory turnover? b) What is Baker's percent of assets committed to inventory? c) How does Baker's performance compare to the industry leaders? Baker Mfg. Inc. (see Table 11.9) wishes to compare its TABLE 11.9 For Problems 11.5 and 11.6 ARROW DISTRIBUTING CORP. Net revenue $16,500 Cost of sales $13,500 $ 1,000 $ 8,600 Inventory Total assets BAKER MFG. INC. Net revenue $27,500 Cost of sales $21,500 Inventory $ 1,250 Total assets $16,600

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter6: International Management

Section6.7: The Necessity Of Global Markets

Problem 3DQ: What can McDonalds do to address Bakshis concerns?

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