The following information relates to Rhea Supply Inc.: Revenue Gross profit Net profit Average inventory 2014 $1,200,000 420,000 250,000 60,000 units 2013 $1,150,000 460.300 235,000 62.700 units Based solely on the given information, it is least likely that Rhea Supply: has improved its inventory management efficiency in 2014. was holding slow-moving or obsolete inventory in 2014 has written down its inventory values in 2014