Selected Data for Sorenta, Inc

Multiple Choice

Selected data for Sorenta, Inc.and New World Corp., two companies in the same industry, are presented below: Based on this data, which statement below is true?

A) Sorenta, Inc.has a lower gross profit ratio than New World Corp.
B) New World Corp has a higher net income than Sorenta, Inc.
C) New World Corp sells its inventory faster than Sorenta, Inc.
D) Sorenta, Inc.has lower storage costs and a lower investment in inventory than New World Corp.