Accounts Receivable Turnover and Average Collection Period VanPoole Corporation disclosed the following financial information (in millions) in its recent annual report: Year 1 Year 2 Net sales $167,096 $181,662 Beginning accounts receivable (net) 13,896 13,696 Ending accounts receivable (net) 13,696 13,598 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 receivable turnover Answer Answer b. Average collection period (days) Answer Answer c. Is the companys accounts receivable management improving or deteriorating