1. Which of the economic indicators that we reviewed measures consumer inflation a. PPI b. CPI C. CES 3. When analyzing financial statements, what can you conclude when the inventory turnover ratio increases from 4.0 to 6.0 over a three year period. a. The day's inventory held are within the typical industry average b. The day's inventory held has increased over time C. The day's inventory held has decreased over time 4. When analyzing financial statements, what can you conclude when the accounts receivable turnover ratio decreases from 9.0 to 6.0 over a three year period. a. Collections are within standard terms b. The collection period has increased over time C. The collection period has decreased over time