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Acme Inc.'s accounts receivable turnover went from 5.00 in 2019 to 5.43, while its days' sales when from 73.00 to 67.22. Based on these results,
Acme Inc.'s accounts receivable turnover went from 5.00 in 2019 to 5.43, while its days' sales when from 73.00 to 67.22. Based on these results, we can conclude that
A. Acme's management of receivables improved
B. it is impossible to determine if Acme's management of receivables improved or deteriorated based on the information given.
C. Acme's management of receivables neither improved nor deteriorated.
D. Acme's management of receivables deteriorated.
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