mework Help s Coca-Cola and PepsiCo 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). Fisoal Year Accounte Receivable sosAllowance for Doubtful Accounts Accounts Racelvable, tet of A1lovance 0,940 4,4704,9706,440 6,700,9 1. Calculate the recelvables turnover ratios and days to collect for Coca-Cola and PepsiCo for 2015 and 2014. (Use 365 days in a year Do not round intermediate calculations on Accounts Receivable Turnover Ratio. Round your final answers to 1 declmal place Use final rounded answers from Accounts Recelvable Turnover Ratio for Days to Collect ratio calculation.) Days to collect 2. Which of the companies is quicker to convert its recelvables into cash? PepsiCo Prev 4of4H Next > 5 6 mework Help Fiscal Year 2015 4,290 Accousta Receivable, Net ot Allovance 3,940 4,470 4,870,440,700 7,000 2014 2013 2015 20142013 944 300 546,000 $46 900 63.100 966,700 566400 6,5706,840,150 Accounts Receivable Allovance for Doubtful Accounts 4800 4.930 1. Calculate the receivables turnover ratios and days to collect for Coca-Cola and PepsiCo for 2015 and 2014. (Use 365 days In a Do not round intermediate calculations on Accounts Recelvable 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.) Days to colect 2. Which of the companies is quicker to convert its recelvables into cash? PepsiCo Coca-Cola 5 6