Accounts Receivable Turnover and Average Collection Period The Forrester Corporation disclosed the following financial information (in millions) in its recent annual report: Net sales Beginning accounts receivable (net) Ending accounts receivable (net) Year 1 Year 2 $50,322 $61,247 8,571 8,131 8,131 7,916 a. Calculate the accounts receivable turnover ratio for both years. b. Calculate the average collection period for both years. Notes: 1. Round all answers to one decimal place. 2. Use rounded answer from part a. to compute the average collection period. Year 1 Year 2 a. Accounts receivable turnover b. Average collection period (days) C. Is the company's accounts receivable management improving or deteriorating