. The inventory turnover rates for Abercrombie & Fitch Co. (ANF) and TJX Companies (TJX) in 2015 are calculated as follows:

Inventory turnover rateANF = 3.18

TJX = 6.85

Days inventory outstandingANF = 114.78 days

TJX = 53.28 days

Which of the following statement is correct according to the information above?

A.TJX collects accounts receivable more quickly than ANF.

B.TJX sells inventory more quickly than ANF.

C.ANF sells inventory more quickly than TJX.

D.A lower inventory turnover rate is preferred so that ANF has the better inventory turnover ratio.

Your answer is _________________