Question: 31. Presented below are se lect financial data from report: (5 pts.) the Green Electric Company's annual (In millions) Year 2 Year 1 Accounts receivable

31. Presented below are se lect financial data from report: (5 pts.) the Green Electric Company's annual (In millions) Year 2 Year 1 Accounts receivable (net) Inventory $ 7,926 $ 7,617 5,737 5,389 Net sales Cost of goods sold $56,153 40,688 351,423 37,655 A. Calculate the following ratios for both years: 1. 2. 3. 4. Receivable turnover Receivable collection period Inventory turnover Inventory-on-hand period B. Evaluate Green Electric's accounts receivable and inventory management

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