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Pepsi's accounts receivable turnover ratio was 9.9 for this year and 11.0 for last year. Coke's turnover ratio was 9.3 for this year and 9.8

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Pepsi's accounts receivable turnover ratio was 9.9 for this year and 11.0 for last year. Coke's turnover ratio was 9.3 for this year and 9.8 for last year. These results suggest that: Coke is collecting its receivables more quickly than Pepsi in both years. Pepsi is collecting its receivables more quickly than Coke in both years. 0 Coke is selling more than Pepsi in both years. O Pepsi is selling more than Coke in both years. You need to know the accounts receivable balances for both companies before you can answer this

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