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Comparative figures for Apple and Google follow. $ millions Accounts receivable, net Net sales Current Year $ 23, 186 265, 595 Apple One Year Prior
Comparative figures for Apple and Google follow. $ millions Accounts receivable, net Net sales Current Year $ 23, 186 265, 595 Apple One Year Prior $ 17, 874 229, 234 Two Years Prior $ 15, 754 215, 639 Current Year $ 20,838 136, 819 Google One Year Prior $ 18, 336 110, 855 Two Years Prior $14, 137 90, 272 Required: 1. Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google. 2. Which company more quickly collects its accounts receivable in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google. (Round your answers to 1 decimal place.) Accounts Receivable Turnover Current Year Prior Year a times times Apple Google b. times times
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