Accounts Receivable Turnover and Average Collection Period The Longo Corporation disclosed the following financial information in millions) in its recent annual report: Year 1 Year 2 Notas $127,096 5111,562 Beginning accounts receivable net) 7,696 Ending accounts receivable at 7606 6,598 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 receivabiturnover 0 1. Average collection period (clays 0 c. Is the company's accounts receivable management improving or deteriorating