Based on the preceding information, your calculations, and your assumptions, which of the following statements can be included in your analysis report? Check all that apply.

A decline in the inventory turnover ratio can be explained by the new inventory management system that the company recently adopted, which led to more efficient inventory management.

A decline in the debt$-$to$-$equity ratio impliesta decline in the creditworthiness of the firm.

Blue Hamster Manufacturing Inc.$\text{'}$s ability to meet its debt obligations has improved since its debt$-$to$-$equity ratio decreased from $0\mathrm{.}60$ to $0\mathrm{.}38$

A decline in the inventory turnover ratio could likely be explained by operational difficulties that the company faced, which led to duplicate orders placed to vendors.