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

Using this information, calculate the accounts payable turnover ratio and the days’ payable period for 2015 and 2014. Is Coca-Cola taking longer to pay its accounts payable to its suppliers? Do the ratios indicate that the company’s credit risk is increasing? Why or why not?

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(amounts in millions) Net revenue. Cost of goods sold. Inventories.. Accounts payable. 2015 2014 $44,294 $45,998 17,482 17,889 2,902 3,100 9,660 9,234