What is an advantage of using a credit card? a If you need to carry a balance, the interest rates are generally quite low (less than 5%) b If you pay off your balances every month in full, it's like getting a short-term interest-free loan
c Since it is tied directly to your checking account, it prevents you from spending money you do not have
d It will not affect your credit score or credit history

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)