6 For which organization would you expect to see the highest inventory turnover ratio? Luxury vehicle dealership Electronics retailer Grocery retailer Department store 7What actions could a company take to reduce its working capital funding gap? Increase inventory levels Tighten customer credit terms low customers to delay payments Pay suppliers more quickly The debt to equity ratio indicates The net worth of the company The proporion of the companyfnanced by lenders versus owners The liquidity of the company A company's working capital funding gap 9 Which of the following items are not included in working capital? Accounts payable Accounts receivable Inventory Short term investments 10 When calculating turnover of property plant & equipment and receivables, which item from the income statement do we use? Sales Operating expenses Net income Gross profit