answer The Ozzie Chocolate Company is a small candy manufacturer that specialize

Question

answer The Ozzie Chocolate Company is a small candy manufacturer that specializes in dark chocolate candies. The firm has grown rapidly in recent years and is becoming concerned that its supply chain is less efficient than it should be. In particular, it's concerned about its level of inventory. Below is data from its annual report. Analyze the data and answer the following question.What is the percentage investment in inventory for this data? Your answer should have two decimal places in it. Do not include the % sign in your answer.

Explanation / Answer

%age investment in inventory = ( Raw material inventory + Work in progress inventory + Finished inventory)/(Raw material inventory + Work in progress inventory + Finished inventory + non inventory assets)

= ( 8282 + 9314 +2979)/(8282 + 9314 +2979 + 44233) = 31.74%

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