A company has the following information for the year: Cash = 50 Accounts payable = 140 Receivables = 250 Notes payable = 60 Inventories = 300 Accruals = 100

CA = 600 CL = 300 Fixed assets = 400 Long-term debt = 150 Total assets = 1000 Common equity = 550 Net income = 40 Sales = 2400 This company's inventory turnover is _____. If the industry average is 6.7, the company looks _____ (more, less) efficient than the average firm.