Aa Aa Asset management ratios sset management ratios are used to measure how effectively a firm manages its assets, by relating the amount a firm has invested in a articular type of asset (or group of assets) to the amount of revenues the asset is generating. Examples of asset management ratios include he average collection period (also called the days sales outstanding ratio), the inventory turnover ratio, the fixed asset turnover ratio, and t otal asset turnover ratio. he onsider the following case: rockett Electronics has a quick ratio of 2.00x, 30,150 in cash, $16,750 in accounts receivable, some inventory, total current assets of $67,000, and total current liabilities of $23,450. The company reported annual sales of $800,000 in the most recent annual report Over the past year, how often did Crockett Electronics sell and replace its inventory? 39.80 x O 2.86 x O 8.01 x O 43.78 x The inventory turnover ratio across companies in the electronics industry is 43.78x. Based on this information, which of the following statements is true for Crockett Electronics? O Crockett Electronics is holding more inventory per dollar of sales compared to the industry average. O Crockett Electronics is holding less inventory per dollar of sales compared to the industry average