Eagle Corp. has an inventory turnover ratio of 6.7%. The industry average inventory turnover ratio is 8.9X. Based on this comparison, what can we most likely say about Eagle Corp? Eagle Corp will almost certainly be less profitable than average. Eagle Corp is more efficient than average in managing inventory. Eagle Corp will almost certainly be more profitable than average. Eagle Corp is less efficient than average in managing inventory Eagle Corp should probably increase the level of inventory it holds. In general, a high price-earnings (PE) ratio implies that the firm has low earnings per share the market has low expectations about future earnings for the firm the firm has a high price per share the market has high expectations about future earnings for the firm the firm pays a cash dividend In general, businesses that are organized as partnerships, sole proprietorships, and LLCs generally operate as entities from a tax standpoint. Any pretax income from the business goes to the owner(s) before being taxed and is then taxed as individual income. step forward tax exempt incrementally taxed add on pass through