Question 1 Not yet answered Marked out of 5.00 Flag question Evaluating Accounts Receivable Turnover for Competitors The Procter & Gamble Company and Colgate-Palmolive Company report the following sales and accounts receivable balances. S millions 2018 Net sales 2018 Accounts receivable 2017 Accounts receivable Procter & Gamble Colgate-Palmolive $66,832 $15,544 4,639 1.386 4,548 1,465 a. Compute the accounts recevable turnover and DSO for both companies for 2018. Note: Round your answers to one decimal place (for example, enter 6.8 for 6.77555), Procter & Gamble Colgate-Palmolive AR turnover DSC : b. Which company collects its accounts receivable more quickly? SAMA Anger 19 LA