See the attached file for the graphs included.
Attached are simplified versions of the balance sheet and income statement. Use this information to answer the question below:
A 15% increase in inventory turns would bring this ration to _____, suggesting _____in_____.
A. 109 days; a deterioration; profitability
B. 4.8 times; an improvement; efficiency
C. 3.9 days; a deterioration; profitability
D.3.9 times; an improvement; efficiency© BrainMass Inc. brainmass.com June 25, 2018, 9:32 am ad1c9bdddf
The inventory turnover is cogs/average inventory:
8.4 / 2.5 = ...
A sentence explains why the response was selected.