Interpret inventory turnover for Dunning Company. Which of the statements is FALSE? a. This ratio is more meaningful when compared to expectations, historical performance, and/or industry averages. b. Generally a higher number is better, provided the firm is not running out of inventory and unable to meet demand. If company results are slightly higher than the industry average, then the company may be performing slightly better than its competitors. d. Generally, a lower number is better, provided the firm is not running out of inventory and unable to meet demand e. This ratio is used to interpret the efficiency of managing a company's inventory