Accounts Receivable Turnover and Average Collection Period VanPoole Corporation disclosed the following financial information (in millions) in its recent annual report:

	2015	2016
Net Sales	$167,096	$181,662
Beginning Accounts Receivable (net)	13,896	14,105
Ending Accounts Receivable (net)	14,105	13,598

a. Calculate the accounts receivable turnover ratio for both years. (Round your answer to two decimal points.)

b. Calculate the average collection period for both years. (Use 365 days for calculation. Round your answer to the nearest whole number.)

c. Is the companys accounts receivable management improving or deteriorating?

a, Accounts receivable turnover b. Average collection period c. The company's receivable management 2015 days 2016 days