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The Limited Brands Inc. sells women's clothing and personal health care products through specialty retail stores including Victoria's Secret and Bath & Body Works stores.

The Limited Brands Inc. sells women's clothing and personal health care products through specialty retail stores including Victoria's Secret and Bath & Body Works stores. The Limited Brands reported the following (in millions) for two recent years:

Year 2 Year 1

Net sales $9613 $8632

Accounts receivable 267 249

Assume thataccounts receivable(in millions) were $313 at the beginning of Year 1.

a.Compute the accounts receivable turnover for Year 2 and Year 1. Round to one decimal place.

Year 2:

Year 1:

b.Compute the days' sales inreceivablesfor Year 2 and Year 1. Round interim calculations and final answers to one decimal place. Use 365 days per year in your calculations.

Year 2: __days

Year 1:__days

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