1. Selected recent balance sheet and income statement information for American Eagle Outfitters and The Gap, Inc. follows:

American Eagle Outfitters			The Gap, Inc.
(in thousands)	2014		(in millions)	2014
Year-end accounts payable	$ 203,872		Year-end accounts payable	$ 1,242
Average accounts payable	190,373		Average accounts payable	1,193
Sales	3,305,802		Sales	16,148
Cost of goods sold	2,191,803		Cost of goods sold	9,855

Which of the two companies listed above is leaning on the trade more?

a. American Eagle because its accounts payable turnover is greater and its accounts payable days outstanding is lower.

b. Gap because its accounts payable turnover is lower and its accounts payable days outstanding is higher.

c. Gap because its accounts payable turnover is higher and its accounts payable days outstanding is lower.

d. American Eagle because its accounts payable turnover is lower and its accounts payable days outstanding is higher.

e. Gap because its accounts payable turnover is lower and its accounts payable days outstanding is lower.