Axle Co.'s accounts receivable turnover was 9.9 for this year and 11.0 for last year. Betterman's turnover was 9.3 for this year and 9.3 for last year. These results imply that:
A. Betterman has the better turnover for both years.
B. Betterman is collecting its receivables more quickly than Axle in both years.
C. Betterman's turnover is improving.
D. Axle has the better turnover for both years.
E. Axle's credit policies are too loose.
Answer: D
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