or Accounts Receivable and Inventory Turnover The following data (in millions) were adapted from recent financial statements of HP Inc. (HPQ) formerly Hewlett-Packard Company. Year 2 Year 1 Sales Cost of goods sold Operating income Average accounts receivable 16,530 17.899 Average inventory 1. Compute the accounts receivable turnover for Years 1 and 2. Round to one decimal place. $103,355 $111,454 78,59684,839 5,471 7,185 6,450 6,231 Accounts Receivable Turnover Year 2 Year 1 2. Compute the number of days' sales in receivables for Years 1 and 2. Assume there are 365 days in a year, and round to nearest day. Number of Days' Sales Year 2 Year 1 3. Compute the inventory turnover for Years 1 and 2. Round to one decimal place. in Receivables days days Inventory Turnover Year 2 4. Compute the number of days' sales in inventory for Years 1 and 2. Assume there are 365 days in a year, and round to nearest day. Number of Days' Sales in Inventory days days