Using the information given,discuss J & S Partnership's outcomes compared to the industry averages.
Definitions:
Carrying Costs
The expenses incurred by holding inventory, including storage, insurance, and taxes, over a certain period.
Cash Cycle
A business concept that describes the process of converting resources into cash flows, from purchasing inventory to collecting revenue from customers.
Inventory Period
The average time it takes for a company to turn its inventory into sales, indicating the efficiency of inventory management.
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