Pepsi's Accounts Receivable Turnover Was 9

question 13

Multiple Choice

Pepsi's accounts receivable turnover was 9.9 for this year and 11.0 for last year.Coca-Cola's turnover was 9.3 for this year and 9.3 for last year.These results imply that:

• A)Coke has the better turnover for both years.
• B)Pepsi has the better turnover for both years.
• C)Coke's turnover is improving.
• D)Coke's credit policies are too loose.
• E)Coke is collecting its receivables more quickly than Pepsi in both years.

---

Definitions:

Immigrants

People who move from one country to another with the intention of settling permanently in the new country, contributing to its demographic, cultural, and economic aspects.

19th Century

The period from January 1, 1801, to December 31, 1900, marked by significant industrial, political, and cultural changes globally.

French Canadians

Describes Canadians of French descent, primarily located in the province of Quebec, with a distinct culture, language, and historical background.

Québec

A province in eastern Canada, the largest by area, and second-largest in population, with a predominantly French-speaking population.