Sonie's accounts receivable turnover was 5.7 for this year and 5.4 for last year. Aple's accounts receivable turnover was 6.8 for this year and 7 for last year. This means that:
A) Sonie has the better turnover for both years and Aple's turnover is improving.
B) Aple's turnover is improving.
C) Sonie's turnover is improving.
D) Aple has the worse turnover for both years.
E) Sonie has the better turnover for both years.

Question

Quizplus · Accepted Answer

Sonie's accounts receivable turnover improved from 5.4 last year to 5.7 this year.

Sonie's Accounts Receivable Turnover Was 5