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Which of the following statements is CORRECT? Select one O A. A reduction in inventories held would have no effect on the current ratio O

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Which of the following statements is CORRECT? Select one O A. A reduction in inventories held would have no effect on the current ratio O B. An increase in inventories would have no effect on the current ratio O C. If a firm increases its sales while holding its inventories constant, then, other things held constant, its inventory turnover ratio will increase. O D. A reduction in the inventory turnover ratio will generally lead to an increase in the ROE O E. If a firm increases its sales while holding its inventories constant, then, other things held constant, its inventory turnover ratio will decrease

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