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
B)Aple has the worse turnover for both years
C)Sonie's turnover is improving
D)Aple's turnover is improving
E)Sonie has the better turnover for both years and Aple's turnover is improving

Question

Quizplus · Accepted Answer

Sonie's accounts receivable turnover increased from 5.4 last year to 5.7 this year, indicating an improvement. Aple's turnover decreased from 7 last year to 6.8 this year, showing a decline rather than an improvement.

Sonie's Accounts Receivable Turnover Was 5