Information about net sales and inventory (in millions) are shown below for Archer-Daniels-Midland and for Fresh DelMonte Produce, taken from their most recent annual reports. Use this information to answer the following three questions.

Calculate accounts receivable turnover for Archer-Daniels-Midland. Round to one decimal.

Calculate accounts receivable turnover for Fresh DelMonte Produce. Round to one decimal.

Which company (Archer-Daniels-Midland or Fresh DelMonte Produce) is more efficient at using credit to generate revenue? How do you know this?

Archer-Daniels-Midland Fresh Del Monte Produce Net sales $64,656 $4,493.9 Average accounts receivable $2,250 $368.5