Evaluating Accounts Receivable Turnover for Competitors The Procter & Gamble Company and Colgate-Palmolive Company report the following sales and accounts receivable balances. $ millions 2018 Net sales 2018 Accounts receivable 2017 Accounts receivable Procter & Gamble Colgate-Palmolive $66,832 $15,544 4,358 1,302 4.272 1,376 a. Compute the accounts receivable turnover and DSO for both companies for 2018. Note: Round your answers to one decimal place (for example, enter 6.8 for 6.77555). Procter & Gamble Colgate-Palmolive AR turnover D50 b. Which company collects its accounts receivable more quickly