Cola Inc. and Soda Co. 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 rounded amounts reported in their annual reports (amounts in millions). Tiscal Year Ended Net Sales Accounts Receivable Allowance for Doubtful Mccounts Accounts Receivable, Net of Allowance Cola Ine. 2015 2014 2013 $36,519 $32,490 533,444 4,528 3,043 3,171 51 56 54 4,477 3,785 3,117 Soda Co. 2015 2014 2013 $59,38944,732 $46,751 6,497 4,744 3,814 147 93 173 6,350 4.651 3,741 Required: 1. Calculate the recelvables turnover ratios and days to collect for Cola Inc. and Soda Co. for 2015 and 2014. (Use 365 days in a year. Do not round intermediate calculations on Accounts Receivable Turnover Ratlo. Round your final answers to 1 decimal place. Use final rounded answers from Accounts Receivable Turnover Ratio for Days to Collect ratio calculation) 2015 Cola Inc Soda Co 2014 Soda Co Cola Ine. Receivables Turnover Rabo Days to collect 2. Which of the companies is quicker to convert its receivables into cash? Soda Co. Cola Inc