Question: n Year 1 , Silver Guild Inc. had an average collection period of 3 6 days with an operating cycle of 1 0 9 days.

n Year 1, Silver Guild Inc. had an average collection period of 36 days with an operating cycle of 109 days. In Year 2, its operating cycle was 116 days while its inventory turnover was 4.5. Based on this information, what could be said about Silver's irventory management?
There is no change in inventory management.
More information is required to make a decision.
Inventory management is deteriorating.
Inventory management is improving.
n Year 1 , Silver Guild Inc. had an average

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