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Asset management ratios are used to measure how effectively a firm manages its assets, by relating the amount a firm has invested in a particular type of asset (or oroup of assets) to the amount of revenues the asset is generating. Examples of asset management ratios indude the average collection period (also called the doys sales oubstanding ratio), the inventory turnover ratio, the foced asset tumover ratio, and the total asset tumover ratio. Consider the following case: Franklin Aerospace has a quick ratio of 2.00x,536,225 in cashy, $20,125 in accounts receivable, some inventory, total current assets of 300,500 , and toal current habilibes of $28,175. The compary reported antual sales of $200,000 in the most recent annual report. Over the Dast year, how often did Frankin Aerocpace seil abd replace ats inventory? d.01x 4,28x 9.11x 286x