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Question 22 (0.5 points) Company H would like to evaluate it's performance from 2019 (prior year) to 2020 (current year). Specifically, the INVENTORY TURNOVER RATIO

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Question 22 (0.5 points) Company H would like to evaluate it's performance from 2019 (prior year) to 2020 (current year). Specifically, the INVENTORY TURNOVER RATIO was 8.0 times in 2019, and is now 6.5 times in 2020. Based on this ratio, does it reveal that performance has (a) improved, or (b) deteriorated (ie. worsened) from 2019 to 2020

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