The following information is taken from the annual report of The Coca- Cola Company: Calculate the receivable

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The following information is taken from the annual report of The Coca-

Cola Company:

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Calculate the receivable turnover ratio and the receivable collection period for 2014 and 2015. How much additional cash flow from operations could Coca-Cola generate in 2015 if it could reduce its receivable collection period to just 30 days?

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