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$ millions Accounts receivable, net Net sales current Year $ 17,874 229, 234 Apple One Year Prior $ 15,754 215,639 Two Years Prior $ 16,849

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$ millions Accounts receivable, net Net sales current Year $ 17,874 229, 234 Apple One Year Prior $ 15,754 215,639 Two Years Prior $ 16,849 233,715 Current Year $ 18,336 110,855 Google One Year Prior $14,137 90,272 TWO Years Prior $11,556 74,989 Required: 1. Compute the accounts receivable turnover for (a) Apple and (1) Google for each of the two most recent years using the data shown. 2. Compute how many days, on average, it takes to collect receivables for the two most recent years for (a) Apple and (6) Google. 3. Which company more quickly collects its accounts receivable in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown. (Round your answers to 2 decimal places.) Accounts Receivable Tumover Current Year Prior Year times times timest times a Apple b. Google millions Accounts receivable, net Net sales Current Year $ 17,874 229, 234 Apple One Year Prior $ 15,754 215,639 Two Years Prior $ 16,849 233,715 Current Year $ 18,336 110,855 Google One Year Prior $14,137 90,272 Two Years Prior $11,556 74,989 Required: 1. Compute the accounts receivable turnover for (a) Apple and (6) Google for each of the two most recent years using the data sh 2. Compute how many days, on average, it takes to collect receivables for the two most recent years for (a) Apple and (b) Google 3. Which company more quickly collects its accounts receivable in the current year? Complete this question by entering your answers in the tabs below. Required i Required 2 Require Required 3 Compute how many days, on average, it takes to collect receivables for the two most recent years for (a) Apple and (b) Google. (USD 365 days a year. Round your answers to 1 decimal place.) Average Collection Period Current Year Prior Year days days days d ays a. Apple b. Google

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