Analyzing Segment Disclosures Raytheon Company disclosed the following data related to segment sales and operating profits for fiscal 2018. $ millions Integrated defense systems Intelligence, information and services Missile systems Space and airborne systems Forcepoint Eliminations Total net sales Total Net Sales 2018 2017 2016 $6,180 $5,804 $5,529 6,722 6,177 6,169 8,298 7,787 7,096 6,748 6,430 6,182 634 608 586 (1,514) (1,423) (1,361) $27,068 $25,383 $24,201 Operating Income 2018 2017 2016 $1,023 $935 $971 538 455 467 973 1,010 921 884 862 808 5 5 33 90 The company also reported the following on its balance sheet. $ millions 2018 2017 Receivables $1,648 $1,324 *(net of allowance for doubtful accounts of $12 and $8) Required a. Which segment is largest in 2018? b. Calculate the operating profit margin for each segment and determine which segment is most profitable in 2018 by this measure. Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). Integrated Defense Systems Intelligence, Information and Services Missile Systems Space and Airborne Systems Forcepoint Operating Profit Margin 0 % 0 % 0 % 0 % 0 % Most profitable segment: c Which segment's sales grew the most in 2018? How does this compare to 2017 sales growth? Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). 2018 Growth % 2017 Growth % 0 % 0 % Segment with the most growth in 2018: d. Calculate the company's accounts receivable turnover and its days sales outstanding (DSO) for 2018. Note: Round amount (your final answer) to one decimal place (for example, enter 6.8 for 6.77555). AR turnover DSO 0 0 e. Assess the size of the receivables allowance. Note: Round percentage to one decimal place (for example, enter 6.7% for 6.6555%). 2018 0 % 2017 0 % Allowance as % of AR gross