Question: 9 . Apple Current One Year $ millions Year Prior Accounts receivable, $ 17.874 $ 15,754 net Net sales 229,234 215,639 Two Years Prior Google




9 . Apple Current One Year $ millions Year Prior Accounts receivable, $ 17.874 $ 15,754 net Net sales 229,234 215,639 Two Years Prior Google Current One Year Two Years Year Prior Prior $ 16,849 233,715 $ 18,336 119,855 $ 14,15 90,272 74,989 Required: 1. Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown. 2. Compute how many days, on average, it takes to collect receivables for the two most recent years for (a) Apple and Google. 3. Which company more quickly collects its accounts receivable in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Next Required 1 Required 2 Required 3 Compute how many days, on average, it takes to collect receivables for the two most recent years for a Google. (Use 365 days a year. Round your answers to 1 decimal place.) Average Collection Period Current Year Prior Year days days days days a. Apple Google b. Check my work 2. Compute how many days, on average, it takes to collect receivables for the two most recent years for Google. 3. Which company more quickly collects its accounts receivable in the current year? Apple and Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown. (Round your answers to 1 decimal place.) Accounts Receivable Turnover Current Year Prior Year times times times times a. Apple b. Google um Check my work Required 1 Required 2 Required 3 Which company more quickly collects its accounts receivable in the current year? Which company more quickly collects its accounts receivable in the current year? Apple
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