The Sales of SportCheck Have Increased Recently and Inventory Has

Multiple Choice

The sales of SportCheck have increased recently and inventory has declined slightly. A financial analyst would expect to find that the:

A) Inventory turnover has increased and the days' sales in inventory has decreased.
B) Inventory turnover has decreased and the days' sales in inventory has decreased.
C) Inventory turnover has decreased and the days' sales in inventory has increased.
D) Inventory turnover has increased and the days' sales in inventory has increased.
E) Quick ratio has decreased and the current ratio has increased.