Which of the following pay for every activity of the company?

The present value of an asset is the opposite of the present value of a liability

Indicate whether the statement is true or false.

Moonbeam Gift Shop's inventory turned over six times during the year. Similar gift shops have an inventory turnover equal to twelve times per year. What explains Moonbeam's state of inventory management?

a. Moonbeam sold too much inventory during the year. b. Moonbeam needs to increase sales and decrease the amount of inventory on hand. c. Moonbeam is performing twice as well as its competitors. d. Moonbeam should increase the amount of goods on hand to accommodate the additional inventory demand.