The 2016 income statements of Leggett & Platt, Inc., reports net sales of $3.749.9 million in 2016 and $3.917 2 million in 2015. The balance sheet reports accounts and other receivables, net of $486.6 million at December 31. 2016. $520.5 million at December 31. 2015, and $523.3 million at December 31, 2014. Calculate the average number of days that receivables were outstanding for both years. Explain in layman's terms, what this ratio means (be thorough)