Comparative figures for Apple and Google follow. $ millions Current Year Accounts receivable, net Net sales Apple One Year Prior $ 17,874 $ 15,754 Two Years! Prior Current Google One Year Year 229,234 215,639 $ 16,849 233,715 $ 18,336 Prior $14,137 110,855 90,272 Required: Two Years Prior $11,556 74,989 1. Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown. 2. Compute how many days, on average, it takes to collect receivables for the two most recent years for (a) Apple and (b) Google. Hint: Average collection period equals 365 divided by the accounts receivable turnover. 3. 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 21 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.) a Apple b. Google Accounts Receivable Turnover Current Year Prior Year mes times times times Dray 9 of 9 Next Comparative figures for Apple and Google follow. $ 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 Google One Year Two Years Year $ 18,336 110,855 Prior $14,137 90,272 Prior $11,556 74,989 Required: ces 1. Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown. 2. Compute how many days, on average, it takes to collect receivables for the two most recent years for (a) Apple and (b) Google. Hint Average collection period equals 365 divided by the accounts receivable turnover. 3. 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 Required 3 Compute how many days, on average, it takes to collect receivables for the two most recent years for (a) Apple and (b) Google. Hint: Average collection period equals 365 divided by the accounts receivable turnover. (Use 365 days a year. Round your answers to 1 decimal place.) Average Collection Period Current Year Prior Year Apple days days b Google days days Bandead Comparative figures for Apple and Google follow. Apple $ millions Accounts receivable, net Net sales Current One Year Two Years Year Prior Prior $ 17,874 $ 15,754 5 16,849 229,234 215,639 233,715 Current Google One Year Two Years Year $ 18,336 110,855 Prior $14,137 90,272 Prior $11,556 74,989 Required: cec 1. Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown 2. Compute how many days, on average, It takes to collect receivables for the two most recent years for (a) Apple and (6) Google, Hint Average collection period equals 365 divided by the accounts receivable turnover 3. 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 Required 3 Which company more quickly collects its accounts receivable in the current year? Which company more quickly collects its accounts receivable in the current year