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Presented below are select financial data from the Green Electric Company's annua report: (5 pts.) 31. (In millions) Balance sheet Accounts receivable (net) Inventory Year

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Presented below are select financial data from the Green Electric Company's annua report: (5 pts.) 31. (In millions) Balance sheet Accounts receivable (net) Inventory Year 1 7,926 5,737 7,617 5,389 Income statement Net sales Cost of goods sold $56,153 40,688 $51,423 37,655 A. Calculate the following ratios for both years: 1. Receivable turnover 2. Receivable collection period 3. Inventory turnover 4. Inventory-on-hand period B. Evaluate Green Electric's accounts receivable and inventory management

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