Pepsi's Accounts Receivable Turnover Was 9

question 162

Multiple Choice

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

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Definitions:

Abbreviation

An economized version of a word or phrase.

ROM

Range of Motion; a measure of the extent to which a joint can go through all of its normal spectrum of movements.

MS

Multiple Sclerosis, a disease in which the immune system eats away at the protective covering of nerves, disturbing the communication between the brain and the rest of the body.

Shoulder

A joint that connects the arm to the torso, consisting of several bones, muscles, and a complex range of motions, making it one of the most mobile joints in the body.