Suppose that you are doing an audit and obtain the following information about your client and it's industry: Client Industry 2009 2008 2009 2008 Inventory turnover 3.0 3.5 3.9 3.4 Gross margin percent 24.1% 26.4% 27.3% 26.2% Required: Explain how would you benefit from the above information to determine the NET of your audit