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

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Jenna Baker Ceo Of Baker Mfg Inc Wishes To Compare Her Company S Inventory Turnover To Those Of Industry Leaders Who 1 (88.53 KiB) Viewed 8 times

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 Cost of sales Inventory Total assets $27,500 $21,500 $1,250 $16,600 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?