Crockett Electronics has a quick ratio of 2.00x, $28,800 in cash, $16,000 in accounts receivable, some inventory, total current assets of $64,000, and total current liabilities of $22,400. The company reported annual sales of $400,000 in the most recent annual report. Over the past year, how often did Crockett Electronics sell and replace its inventory? O 20.83x O 2.86 x 8.01x 22.91 The inventory turnover ratio across companies in the electronics industry is 17.71x. Based on this information, which of the following statements is true for Crockett Electronics? O Crockett Electronics is holding less inventory per dollar of sales compared to the industry average. O Crockett Electronics is holding more inventory per dollar of sales compared to the industry average