Q 12.30: Beaumont Gas has a receivables turnover ratio of 25.65 and Louisiana Gas has a receivables turnover ratio is 16.75. Beaumont's annual sales are $2,250 million whereas Louisiana has annual sales that are $800 million lower. What is the difference between the dollar accounts receivables of Beaumont and Louisiana? Who is managing its receivables more efficiently? A While Beaumont's receivables are higher by $1.15 million, Louisiana is managing them more efficiently. B While Louisiana's receivables are higher by $1.15 million, it is managing them more efficiently. While Beaumont's receivables are higher by $1.15 million, it is managing them more efficiently. D While Louisiana's receivables are higher by $1.15 million, Beaumont is managing them more efficiently