Exercise L Pistol Pete provides communication services and products, as well as jnetwork equipment and computer systems, to businesses, consumers, communications services providers, and government agencies. The following amounts were included in its 2010 annual report: Net sales Receivables, net, 2009 December 31 Receivables, net, 2008 December 31 (Millions) USD 79,609 29,275 28,623 Calculate the accounts receivable turnover and the number of days' sales in accounts receivable. Use net sales instead of net credit sales in the calculation. Comment on the results. Exercise L Pistol Pete provides communication services and products, as well as jnetwork equipment and computer systems, to businesses, consumers, communications services providers, and government agencies. The following amounts were included in its 2010 annual report: Net sales Receivables, net, 2009 December 31 Receivables, net, 2008 December 31 (Millions) USD 79,609 29,275 28,623 Calculate the accounts receivable turnover and the number of days' sales in accounts receivable. Use net sales instead of net credit sales in the calculation. Comment on the results.