Paterson Beverage Company and Kapoor Cora Corporauon are two or une largest and most successful 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). Kapoor Cola Corporation Patterson Beverage Company Fiscal Year Ended: Net Sales 2018 Accounts Receivable Allowance for Doubtful Accounts Accounts Receivable, Net of Allowance $ 36,330 4,170 560 3,610 2017 $40,270 4,430 550 3,880 2016 $44,880 4,630 540 4,090 2018 $ 72,960 7,760 100 2017 $ 73,600 7,670 130 2016 $ 67,330 7,320 140 7,660 7,540 7,180 Required: 1. Calculate the receivables turnover ratios and days to collect for Patterson Beverage Company and Kapoor Cola Corporation for 2018 and 2017. 2-a. Which of the companies was quicker to convert its receivables into cash in 2018? 2-b. Which of the companies was quicker to convert its receivables into cash in 2017? Complete this question by entering your answers in the tabs below. Req 1 Req 2A Req 28 Calculate the receivables turnover ratios and days to collect for Patterson Beverage Company and Kapoor Cola Corporation for 2018 and 2017. (Use 365 days in a year. Do not round intermediate calculations on Accounts Receivable 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.)