AA 7-2 Comparative Analysis LO A1, P2 Comparative figures for Apple and Google follow. 00160B $ millions Accounts receivable, net Net sales Apple Current One Year Year Prior $ 17,874 $ 15,754 229, 234 215,639 Two Years Prior $ 16,849 233,715 Google Current One Year Two Years Year Prior Prior $ 18,336 $ 14,137 $11,556 110,855 90,272 74,989 Required: 1. Compute the accounts receivable turnover for ( Apple and (b) Google for each of the two most recent years using the data shown 2. Compute how many days, on average, it takes to collect receivables for the two most recent years for ( Apple and Google. 3. Which company more quickly collects its accounts receivable in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown. (Round your answers to 1 Decimal place.) Accounts Receivable Turnover Current Year Prior Year 12 times times a. Apple b. Google times times Requires Required 2 > Comparative figures for Apple and Google follow Apple Current One Year $ millions Year Prior Accounts receivable, $ 17,874 $ 15,754 net Net sales 229, 234 215,639 Two Years Prior $ 16,849 233,715 Google Current One Year Two Years Year Prior Prior $ 18,336 $ 14,137 $11,556 112,855 99,272 74,989 Required: 1. Compute the accounts receivable turnover for ( Apple and (bGoogle for each of the two most recent years using the data shown. 2. Compute how many days, on average, it takes to collect receivables for the two most recent years for ( Apple and (Google 3. Which company more quickly collects its accounts receivable in the current year? References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute how many days, on average, it takes to collect receivables for the two most recent years for (a) Apple and (b) Google. (Use 365 days a year. Round your answers to 1 decimal place.) Average election Period Current Year Prior Year a I days days Apple Google