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. a) What is Baker's inventory turnover? Baker Mfg. Inc. Net Revenue Cost of sales Inventory Total assets $27,500 $19,850 $1,290 $17,410 times per year (round your response to two decimal places).

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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 have turnover of about 13 times per year and 8% of their assets invested in inventory.
a) What is Baker's inventory turnover?
Baker Mfg. Inc.
Net Revenue
Cost of sales
Inventory
Total assets
$27,500
$19,850
$1,290
$17,410
times per year (round your response to two decimal places).
Transcribed Image Text: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. a) What is Baker's inventory turnover? Baker Mfg. Inc. Net Revenue Cost of sales Inventory Total assets $27,500 $19,850 $1,290 $17,410 times per year (round your response to two decimal places).
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