Disregard the answers chosen, explain with details

Drugal Brewing Co. has a quick ratio of 2.00x, $24,750 in cash, $13,750 in accounts receivable, some inventory, total current assets of $55,000, and total current liabilities of $19,250. The company reported annual sales of $800,000 in the most recent annual report. Over the past year, how often did Drugal Brewing Co. sell and replace its inventory? O 53.34x 53.34;x O 0.35x O 48.49x 48.49x 0.39% The inventory turnover ratio across companies in the industry is 53.34x. Based on this information, which of the following statements is true for Drugal Brewing Co.? Drugal Brewing Co. is holding less inventory per dollar of sales compared to the industry average. Drugal Brewing Co. is holding more inventory per dollar of sales compared to the industry average