1) Given the following information from five years related to James Kann Electrical supply, which would you say had the best merchandise turnover ratio (also known as inventory turnover ratio)?

1. Annual Inventory Information

   	Cost of Goods Sold	Average Merchandise Inventory
   2015	$152,000	$148,000
   2013	155,000	156,000
   2011	160,000	165,000
   2009	168,000	173,000
   2007	170,000	184,000

   	A.	2009
   	B.	2015
   	C.	2007
   	D.	2013
   	E.	2011

2) Given the previous information about the Kann Electrical and the correct answer to the previous question (as necessary) what could you say about the trend noted in merchandise turnover for the given years that were provided?

1. 	A.	Turnover is getting slower; inventory isn't moving as quickly as it used to which would be a major concern for the company
   	B.	Sales are definitely picking up as noted by the decreasing turnover ratios.
   	C.	Turnover is getting better; business is likely to be getting better!
   	D.	Turnover is absolutely stagnant for all years, no growth or decline in sales would be expected to mirror the inventory movement