May Gonzales is evaluating companies in the office supply industry and has completed the following information:

14.42 Which of the companies has the lowest accounts receivable turnover in the year 20X2?

a. Company A

b. Company B

c. Company C

d. Company D

	20X1			20X2
Company	Credit Sales	Average Receivables Balance		Credit Sales	Average Receivables Balance
A	$5.0 million	$1.0 million		$6.0 million	$1.2 million
B	$3.0 million	$1.2 million		$4.0 million	$1.5 million
C	$2.5 million	$0.8 million		$3.0 million	$1.0 million
D	$0.5 million	$0.1 million		$0.6 million	$1.2 million
Industry	$25.0 million	$5.0 million		$28.0 million $5.4 million