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coca cola and pepsico are two of the largest and most successful beverage companies... need help with the days. not sure if my times are

coca cola and pepsico are two of the largest and most successful beverage companies...
need help with the days. not sure if my times are right.
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PA8-5 Analyzing Allowance for Doubtful Accounts, Receivables Turnover Ratio, and Days to Collect [LO8-4) Coca-Cola and PepsiCo are two of the largest and most successful beverage companies in the world in terms of the products that they sell and their receivables management practices. To evaluate their ability to collect on credit sales, consider the following information assumed to have been reported in their 2020, 2019, and 2018 annual reports famounts in millions Coca-Cola Pepsico Fiscal Year Ended: 2020 2018 2e2e 2019 2010 Net Sales $32,954 $37,057 $25,188 344,751 $43,874 $36, 237 Accounts Receivable Allowance for Doubtful Accounts 3, 151 66 3,373 67 2,760 74 3,894 51 3,780 Be 3,259 75 Accounts Receivable, Net of Allowance 3,085 3,106 2,686 2,013 3,700 3,132 Required: 1. Calculate the receivables turnover ratios and days to collect for Coca-Cola and PepsiCo for 2020 and 2019. (Consider a 365 days a year. Round your Intermediate answers and final answers to 1 decimal place.) 2020 Receivables tumover ratio Days to collect Coca-Cola 10 3 times days PepsiCo 11.9 times days e la dio Days to collect for Coca Cola and PepsiCo for 2020 and 2019. Consider a 365 days a year. Round your Intermediate answers and final answers to 1 decimal place.) 2020 Receivables tumover ratio Days to collect Coca-Cola 10 3 times days Pepaico 11.9 times days 2019 Receivables turnover ratio Days to collect Coca-Cola 126 times days PepsiCo 12.8 times days 2. Which of the companies is quicker to convert its receivables into cash? O Coca-Cola O PepsiCo

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