The asset side of the 2014 and 2013 balance sheets for Leggett & Platt is below. The company reported net sales of $4,076.1 million in 2014 and $4.250 million in 2013. Use this information to answer the required: LEGGETT & PLATT, INCORPORATED Consolidated Balance Sheets 2013 2014 December 31 (in millions) 164.7 205.4 Cash and cash equivalents Accounts and other receivables, net of allowance of 640.2 550.5 $27.5 and$18.2 348.3 309.4 Finished goods 54.2 46.8 Work in process 260.4 266.1 Raw materials and supplies 127,3 63 495.0 599.2 LIFO reserve Total inventories, net 104.6 65.6 Other current assets 285.0 31.0 Current assets held for sale 1,306.8 1,834.4 Total current assets 1,103.4 1,157.7 Machinery and equipment 603,6 592.7 Buildings and other 49.7 44,7 Land 1,740.8 1,811.0 Total property, plant and equipment 1,059.4 1.084.1 Less accumulated depreciation 726.9 681.4 Net property, plant and equipment 931.3 875.6 Goodwill Other intangibles, less accumulated amortization of $76.9 and $65.9 at December 31, 2014 and 2013, 232.2 197.4 respectively 78.2 70.5 Sundry 269.5 30.2 Non-current assets held for sale $4,072.5 $3,161.9 TOTAL ASSETS Required turnover for 2014 and 2013. At December 31, 2012, accounts and a. Compute the accounts receivable other receivables, were $853.8 million. outstanding in each year. b. Compute the average number of days that the receivables were c Does the number of days to collect receivables seem appropriate for Leggett & Platt? d. How could Leggett & Platt improve its accounts receivable turnover