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The Campbell Soup Company manufactures and markets food products throughout the world. The following sales and receivable data (in millons) were reported by Campbell Soup

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The Campbell Soup Company manufactures and markets food products throughout the world. The following sales and receivable data (in millons) were reported by Campbell Soup for two recent years: Year 2 Year 1 Sales $8,685 $7,890 Accounts receivable 805 616 Assume that the accounts receivable were $638 million at the beginning of Year 1. American Eagle Outfitters, Inc. Bellis clothing, accessories, and personal care products for men and women through its retail stores. American Eagle reported the following data (in Millions) for two recent years: Year 2 Year 1 Sales $4,036 $3.796 Accounts receivable 93 78 Assume that the accounts receivable were $87 million at the beginning of Year 1. Accounts receivable turnover ratios Year 2 Year 1 Campbell Soup Company 12.22 12.58 American Eagle Outfitters, Inc. 47.20 46.01 Use the above information to analyze the accounts receivable turnover ratios of American Eagle Outfitters and Campbell Soup. - Compute the average accounts receivable turnover ratio for Campbell Soup and American Eagle Outfitters for Year 2 and Year 1. Round interim calculations and final answers to two decimal places. Campbell Soup: American Eagle Outters

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