Diliberto Company has calculated the following ratios for the current year and prior year as part of the companys assessment of inventory management and control: Current Prior Year Year Number of days sales in inventory 60 days 55 days Inventory turnover 8 times 6 times Based on this information, which of the following statements is most accurate.

Group of answer choices

Neither answer is true.

Both answers are true.

The change in inventory turnover compared to the previous year can be an indicator of improved performance of inventory management and control.

The change in days sales in inventory compared to the previous year can be an indicator of a reduction in performance of inventory management and control.