MESSI showed the following Inventory turnover ratios: 2013-4.3 times 2014 - 5.4 times 2015-5.9 times Answer the following questions in the space provided below: BI a) What does the above Inventory turnover ratio tells us about the business? (2) b) Explain one factor that may have been responsible for the trend in inventory turnover. (1) c) Name one possible consequence if the inventory turnover ratio slows down to 2.5 times or lower (1) d) Name two fundamental differences between the perpetual and the periodic inventory control system. (2) Which one would you prefer and why? (1)