2019 122.0 2.5 46.0% 2018 115.0 2.3 48.2% Sales trend Current ratio Gross profit ratio Accounts receivable turnover Inventory turnover Dividend yield Dividend payout ratio 2017 100.0 22 49.1% 9.1 9.4 9.3 70 7.3 7.1% 40% 72 6.5% 50% 5.8% 60% * There have been no changes in common stock outstanding over the three-year period. Your boss asked you to review the results and determine if the company controlled inventory costs better in 2019 than in 2017. Which of the following statements is the BEST answer to give your boss? Multiple Choice distractor Based on the gross profit ratio, the company controlled inventory costs better in 2019 than 2017 Based on the inventory turnover, the company did not control inventory costs better in 2019 than 2017 Based on the inventory turnover, the company controlled inventory costs better in 2019 than 2017 Based on the gross profit ratio, the company did not control inventory costs better in 2019 than 2017