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Sonie's Accounts Receivable Turnover Was 5

Question 52

Multiple Choice

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.

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