Over the past year, how often did Franklin Aerospace sell and replace its inventory?

$2\mathrm{.}86x$

$6\mathrm{.}83x$

$8\mathrm{.}01x$

$6\mathrm{.}21x$

The inventory turnover ratio across companies in the aerospace industry is $6\mathrm{.}831x.$ Based on this information, which of the following statements is true for Franklin Aerospace?

Franklin Aerospace is holding more inventory per dollar of sales compared with the industry average.

Franklin Aerospace is holding less inventory per dollar of sales compared with the industry average.

You are analyzing two companies that manufacture electronic toys$-$Like Games Inc. and Our Play Inc. Like Games was launched eight years ago, whereas Our Play is a relatively new company that has been in operation for only the past two years. However, both companies have an equal market share with sales of $$200,000$ each. You've collected company data to compare Like Games and Our Play. Last year, the average sales for all industry