Given the following information, which statement is correct (from the cash management perspective)? 2021 (in days) 2022 (in days) days sales outstanding (DSO) 30 40 inventory conversion period (ICP) 45 55 days payment outstanding (DPO) 75 60

Choose the correct options: DSO is improving. ICP is improving. DPO is improving. All statements are correct. The cash conversion cycle is becoming shorter. The operating cycle is becoming longer.