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The following data are for a company and its industry. What problem do the data suggest for the company? Company. Industry Inventory turnover 8.0x 8.Ox

The following data are for a company and its industry. What problem do the data suggest for the company? Company. Industry Inventory turnover 8.0x 8.Ox Average collection period 28 days 35 days Current asset turnover 2.Ox 2.Ox Total asset turnover 1.6x 1.9x None of the above O Arelatively large investment in accounts receivable O Arelatively large investment in fixed assets

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