ES-10B. Accounts Receivable Turnover and Average Collection Period me Longo Corporation disclosed Los the following financial information (in millions) in its recent annual report: 2016 Net sales......................... $127,096 $112,550 Beginning accounts receivable (net) 8,896 7,740 7,740 Ending accounts receivable (net 6,598 a Calculate the accounts receivable turnover ratio for both years. Calculate the average collection period for both years. c Is the company's accounts receivable management improving or deteriorating