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Following are the average accounts receivable and net sales reported recently by two large beverage companies ( dollar amounts are stated in millions ) .

Following are the average accounts receivable and net sales reported recently by two large beverage companies (dollar amounts are stated in millions).
Average Accounts
Receivable Net Sales
Molson Coors Brewing Co. $ 691 $ 11,003
Anheuser-Busch InBev 6,45956,444
a. Compute the acconts receivable turnover rate for each company.
b. Compute the average number of days that it takes for each company to collect its accounts receivable.
c. Based upon your computations in the above requirements, which company's accounts receivable appear to be most liquid?

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