Following is the current asset section from the Ralph Lauren Corporation balance sheet:

The 2018 allowance consists of $202.5 for returns and $19.7 for uncollectible accounts. The amounts tor 2017 were $202.8 and $11.6

a. Compute the gross amount of accounts receivable for both 2018 and 2017. Compute the percentage of the allowance for uncollectible accounts relative to the gross amount of accounts receivable for each of these years.

b. How do you interpret the change in the percentage of the allowance for uncollectible accounts relative to total accounts receivable computed in part a?

c. Ralph Lauren reported net sales of $6,182.3 million in 2018. Compute its accounts receivable turnover and average collection period.

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March 31, April 1, 2017 (S millions) 2018 ASSETS Current assets: Cash and cash equivalents... Short-term investments.... Accounts receivable, net of allowances of $222.2 million and $214.4 million. $ 668.3 $1,304.6 699.4 684.7 450.2 421.4 Inventories ... 761.3 38.0 791.5 79.4 Income tax receivable... Prepaid expenses and other current assets 323.7 280.4 Total current assets . S3,548.4 $2,954.5