Needs Grader Question 3 The following table reports the Home Depot Company's working capital ratios and industry averages. Ratios Company Industry ratios averages Inventory days 57 days 47 days Receivable days 31 days 25 days Payable days 28 days 35 days Current ratio 2.1x 2.2x Quick ratio 0.96x 1.5% Answer questions (a) and (b) using the data shown above. a. Discuss the working capital management of the company compared to the industry. Discuss at least three points to get a full mark (3 pts) b. Explain at least two costs and benefits of lowering the inventory days (3 pts)