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Analyze Ralph Louren Ralph Lauren Corporation (RL) designs, markets, and distributes a variety of apparel, home dcor, accessory, and fragrance products. The company's products include

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Analyze Ralph Louren Ralph Lauren Corporation (RL) designs, markets, and distributes a variety of apparel, home dcor, accessory, and fragrance products. The company's products include such brands as Ralph Lauren, Polo by Ralph Lauren, and Chaps. For two recent years, the company reported the following (in millions): The accounts recelvable at the beginning of Year 1 was $450.2 miltion. a. Compute the accounts receivable turnover for Year 1 and Year 2. For interim computations, carry amounts out to one decimal place. Round your final answers to one decimal place. b. Compute the days' sales in recelvables for Year 1 and Year 2. Assume 365 days in a year. For Interim computations, carry amounts out to one decimal place, Round your final answers to one decimal place. c. The accounts receivable turnover has . There appears to be an between the two years. In addition, the days' sales in receivables in the efficiency in collecting accounts recelvable between the two years

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