Following is the current asset section from the Ralph Lauren Corporation balance sheet: At March 29, 30

Following is the current asset section from the Ralph Lauren Corporation balance sheet:

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At March 29, 30 ($ millions) Cash and cash equivalents Short-term investments. Accounts receivable, net of allowances of $270 in 2014 and $245 in 2013. Inventories... Income tax receivable Deferred tax assets Prepaid expenses and other current assets. Total current assets 2014 2013 $ 797 $ 974 488 325 588 458 1,020 896 62 291 150 120 224 161 $3,329 $2,963 a. Compute the gross amount of accounts receivable for both 2014 and 2013. Compute the per- centage of the allowance for uncollectible accounts relative to the gross amount of accounts receivable for each of these years. b. How do you interpret the change in the percentage of the allowance for uncollectible accounts relative to total accounts receivable computed in part a? c. Ralph Lauren reported net sales of $7,284 million in 2014. Compute its accounts receivable turnover and average collection period.