Using the most current annual reports for Starbucks, the worlds largest coffee houses, and Whirlpool, which manufactures appliances, complete the following requirements. The annual reports can be found on the companies websites.

Starbucks a of 9/27/2015 and Whirlpool 12/31/2015

Required

a. For each company, compute accounts receivable as a percentage of revenue. Show your computations.

b. Which company appears to be making more of its sales on account? Explain your answer.

c. Try to provide a logical explanation as to why one of these companies is making more of its sales on account than the other.

http://investors.whirlpoolcorp.com/secfiling.cfm?filingID=106640-16-68&CIK=106640#WHR-1231201510XK_HTM_S43A420DE6E1255C1BBF44A65CC0BB375

https://s21.q4cdn.com/369030626/files/doc_financials/2016/Annual/FY16-Annual-Report-on-Form-10-K.pdf