Which of the following statements is true?

I. All other things the same, when a company increases its inventories in anticipation of later higher sales, the accounts receivable turnover ratio for the current period increases.

II$.$ All other things the same, when a customns purchases an item for cash, the accounts receivable turnover ratio increases.

Multiple Choice

Only statement I is true.

Only statement II is true.

Both statements are true.

Neither statement is true.