Question: Analyzing Asset Management Effectiveness Presented below are selected financial data from The Coca-Cola Company 2015 annual report. Using the ratio definitions from Exhibit 4.6, calculate

 Analyzing Asset Management Effectiveness Presented below are selected financial data from

Analyzing Asset Management Effectiveness Presented below are selected financial data from The Coca-Cola Company 2015 annual report. Using the ratio definitions from Exhibit 4.6, calculate the following ratios: accounts receivable turnover, receivable collection period, inventory turnover, and the inventory-on- hand period. (amounts in millions) Balance sheet 2015 2014 Accounts receivable (net) $3,941 $4,466 Inventory 2,9023,100 Income statement Net sales $44,294 $45,998 Cost of goods sold 17,482 17,889 Round all answers to two decimal places. 2015 2014 Accounts receivable turnover 0 Receivable collection period 0 days 0 days Inventory turnover 0 Inventory-on-hand period 0 days 0 days

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