The table below contains selected financial information included in the 2016 financial statements of Tyson Foods Inc. and Pilgrim?s Pride Corp.

Required:1. Calculate the 2016 receivables turnover ratio and average collection period for both companies. Evaluate the management of each company?s investment in receivables.2. Obtain annual reports from three corporations in the same primary industry and compare the management of each company?s investment in receivables.

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($ in millions) Pilgrim's Pride 2016 Tyson 2015 2016 2015 Balance sheets: Accounts receivable, net Income statements: Net sales $ 1,542 $ 1,620 $ 317 $ 349 $36,881 $41,373 $7,931 $8,180