Hopewell's Accounts Receivable Turnover Ratio Is 6

Multiple Choice

Hopewell's accounts receivable turnover ratio is 6.5, and their credit terms are 60 days.Which of the following statements is true?

A) They are collecting faster than their credit terms.
B) They are collecting more slowly than their credit terms.
C) They should offer discounts to encourage customers to pay on time.
D) They should increase their allowance for uncollectibles.