Bolster Soda had an accounts receivable turnover ratio of 9.9 this year and 11.0 last year.Castor Soda had a turnover ratio of 9.3 this year and 9.3 last year.This implies

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Bolster had a better and higher accounts receivable turnover ratio than Castor for both years, indicating that Bolster was collecting its receivables more quickly than Castor. Therefore, Bolster was managing its credit policies better than Castor. Castor having the same turnover ratio for two consecutive years may suggest that they need to review and possibly tighten their credit policies to improve their collections.

Bolster Soda Had an Accounts Receivable Turnover Ratio of 9