The following account balances are taken from the records of Joyce Enterprises, a wholesaler of fresh fruits and vegetables:

	December 31
	2014	2013	2012
Merchandise Inventory	$230,000	$140,000	$120,000
	2014	2013
Cost of Goods Sold	$6,750,000	$8,100,000

1. Joyce's inventory turnover ratio for 2014 and 2013, respectively, are ______(62.31 times/52.31 times/61.31 times/36.49 times) and (62.31 times/52.31 times/61.31 times/36.49 times).

2. Its number of days' sales in inventory for 2014 and 2013, respectively, are ____(9.9 days/13.9 days/8.4 days/5.8 days) and ____(9.9 days/13.9 days/8.4 days/5.8 days).

3. The average age of its inventory has ____(increased/decrease) significantly from the prior period. The company may decide that they have problems with the _____ (cash receipts/ sales effort/asset turnover) or the inventory is _____(high/low) quality or the products are priced too ________(high/low)