The following selected information is from Acme's annual report for the years ended December 31: Sales Cost of goods sold Operating expenses Interest expense Net income 2012 $ 44,000 24,000 7,000 | 1,000 $ 12,000 2011 $ 29,300 15,000 6,000 300 $ 8,000 2010 $ 23,200 12,000 5,000 200 $ 6,000 Accounts receivable Inventory Accounts payable 5,000 9,000 6,000 3,000 5,000 4,500 2,000 3,000 3,500 Refer to the Acme annual report above. Which of the following statements is TRUE about the accounts receivable turnover ratios for 2011 and 2012? A. The ratio is higher in 2012. This means management is doing a better job of collecting accounts receivable in 2012. B. The ratio is lower in 2012. This means management is doing a worse job of collecting accounts receivable in 2012. C. The ratio is higher in 2012. This means management is doing a worse job of collecting accounts receivable in 2012. OD. The ratio is lower in 2012. This means management is doing a better job of collecting accounts receivable in 2012