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Unformatted text preview: 12. A. Weeks of Supply= Total Inventory Investment/Average Weekly Cost of Goods Sold Average Weekly Cost of Goods Sold= COGS/52 Average Weekly Cost of Goods Sold= 13,500/52 Average Weekly Cost of Goods Sold =259.6 Weeks of Supply= 1,000/259.6 Weeks of Supply= 3.85 B. Percent Invested in Inventory= (Total Inventory Investment/Total Assets) x 100 Percent Invested in Inventory= (1,000/8,600) x 100 Percent Invested in Inventory= 11.63% C. Inventory Turnover= Cost of Goods Sold/Inventory Investment Inventory Turnover= 13,500/1,000 Inventory Turnover= 13.5 D. Arrows Inventory Turnover is less than Bakers, but the percent Invented in Inventory is higher. Therefore, there doing worse than Bakers....
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- Fall '08