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I just need the last section on this one! Analyzing Accounts Receivable The following information is taken from the annual report of The Coca-Cola Company:

I just need the last section on this one!

Analyzing Accounts Receivable The following information is taken from the annual report of The Coca-Cola Company:

(amounts in millions) 2014 2015
Net sales $45,998 $44,294
Accounts receivable (net) 4,466 3,941

Calculate the receivable turnover ratio and the receivable collection period for 2014 and 2015. Round your answer to two decimal places.

2014 2015
Receivable turnover ratio

Answer

Answer

Receivable collection period Answer

days Answer

days

How much additional cash flow from operations could Coca-Cola generate in 2015 if it could reduce its receivable collection period to just 30 days? Round your final answer to the nearest million dollar.

2015
Additional cash flow $Answer

million

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