Compaq's Accounts Receivable Turnover Rate Was 5

Compaq's accounts receivable turnover rate was 5.7 for this year and 5.4 for last year.Dell's turnover rate was 6.8 for this year and 7 for last year. This means that:

A) Dell has the better turnover rate for both years.
B) Dell's turnover rate is improving.
C) Compaq has the better turnover rate for both years.
D) Compaq's turnover rate is improving.
E) Dell has the better turnover rate for both years and Compaq's turnover rate is improving.

Correct Answer:

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