HBB Beverages and Fizzy Sodas are two of the largest and most successful beverage companies in the world in terms of the products that they sell and their receivables management practices. To evaluate their ability to collect on credit sales, consider the following rounded amounts reported in their annual reports (amounts in millions). Fiscal Year Endedi Net Sales Accounts Receivable Allowance for Doubtful Accounta Accounts Receivable, Net of Allowance Required: 2018 HBB Beverages 2017 $ 39,880 $ 44,280 4,370 4.660 610 3,760 2016 $47,170 2018 $80,800 600 4,060 4,880 590 8,160 100 Fizzy Sodas 2017 $ 81,325 ,070 130 2016 $ 70,760 7,690 140 4,290 8,060 7,940 7.550 1. Calculate the receivables turnover ratios and days to collect for HBB Beverages and Fizzy Sodas for 2018 and 2017. 2-a. Which of the companies was quicker to convert its receivables into cash in 2018? 2-b. Which of the companies was quicker to convert its receivables into cash in 2017? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 281 Calculate the receivables turnover ratios and days to collect for HBB Beverages and Fizzy Sodas for 2018 and 2017. (Use 365 days in a year. Do not round intermediate calculations on Accounts Receivable Turnover Ratio. Round your final answers to 1 decimal place. Use final rounded answers from Accounts Receivable Turnover Ratio for Days to Collect ratio calculation.) 2017 Check my work