6. Sally Sloane, is analyzing the effectiveness of MicroChip Inc.'s zing the effectiveness of MicroChip Inc.'s inventory management policies. Using the 20x9 financial statements. Slonne determined that million, cost of goods sold of S35 million, and an average inventory of S2 Microchip's 20X8 sales were $55 million. Sloane has determi the microchip industry in 20x9 was 15 percent and that the inventory in 20X9 was 30 days. Based on this informatie MicroChip has: A. Effective inventory management policies. B. Obsolete or slow-moving inventory. C. Inadequate inventory levels. Sloane determined that MicroChip had sales of $60 average inventory of $2 million in 20X9. X9 was 15 percent and that the industry average number of days of termined that the average sales growth in days. Based on this information, Sloane is most likely to conclude that