The following data (in millions) were adapted from recent financial statements of International Paper Company and Walmart Stores Inc.

1. Compute the accounts receivable turnover for International Paper and Walmart. Round to one decimal place.
2. Compute the number of days€™ sales in receivables for International Paper and Walmart.
Round to one decimal place.
3. Compute the inventory turnover for International Paper and Walmart. Round to one decimal place.
4. Compute the number of days€™ sales in inventory for International Paper and Walmart. Round to one decimal place.
5. Comment on and explain any differences in International Paper€™s and Walmart€™s management of inventories and receivables based upon the results in parts (1), (2), (3), and(4).

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Net sales Cost of merchandise sold Accounts receivable: International Paper $26,034 18,960 Walmart $446,950 335,127 Beginning of year End of year 3,378 3,782 5,089 5,937 Inventory Beginning of year End of year 2,347 2,320 36,437 40,714