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Compaq's Accounts Receivable Turnover Rate Was 5

Question 49

Multiple Choice

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

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