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Comparative figures for Apple and Google follow. 3 $ millions Accounts receivable, net Net sales Apple Current One Year Year Prior $ 17,874 $ 15,754
Comparative figures for Apple and Google follow. 3 $ millions Accounts receivable, net Net sales Apple Current One Year Year Prior $ 17,874 $ 15,754 229,234 215,639 Two Years Prior $ 16,849 233,715 Current Year $ 18,336 110,855 Google One Year Prior $14,137 90,272 Two Years Prior $11,556 74,989 3 points Required: 1. Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown. 3. Which company more quickly collects its accounts receivable in the current year? eBook Complete this question by entering your answers in the tabs below. Required 1 Required 3 Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown. (Round your answers to 1 decimal place.) Accounts Receivable Turnover Current Year Prior Year times times a. Apple b. Google times times
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