Key information from Samsung (Samsung.com), which is a leading manufacturer of consumer electronic products, follows. 1. Compute

Question:

Key information from Samsung (Samsung.com), which is a leading manufacturer of consumer electronic products, follows.

1. Compute its accounts receivable turnover for the current year.
2. How long does it take on average for Samsung to collect receivables?
3. How does Samsung compare to Apple and Google in terms of its accounts receivable turnover and its collection period?

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...