Please respond to this, thank you so much

A CPA firm is engaged to audit the Year 2 financial statements of Big Co. For each financial ratio below, select a reason why the company's calculation of its financial ratio would differ from the industry standard. Consider each row independently. B D 1 Financial ratio Industry standard Company's calculation Reason Accounts 2 receivable turnover 12.34 10.53 Inventory 3 turnover 5.50 7.49 4 Asset turnover 1.12 1.52 000 5 Return on assets 0.12 0.08 III 6 Profit margin 0.05 0.09 ... III Times interest 7 earned 5.50 3.20 Select an option below A global recession decreased the demand for the industry's products during Year 2. Inventory obsolescence decreased during Year 2. Sales are potentially overstated for Year 2. Sales are potentially understated for Year 2. Sales decreased at a greater rate than the industry as a whole during Year 2