Selected data for Sorenta, Inc. and New World Corp., two companies in the same industry, are presented below: 
Based on this data, which statement below is true?
A) Sorenta, Inc. has a lower gross profit ratio than New World Corp.
B) New World Corp has a higher net income than Sorenta, Inc.
C) New World Corp sells its inventory faster than Sorenta, Inc.
D) Sorenta, Inc. has lower storage costs and a lower investment in inventory than New World Corp.
Correct Answer:
Verified
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