Analyzing Asset Management Effectiveness Presented below are selected financial data from the Coca-Cola Enterprises, Inc., 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) Year 1 Year 2 Balance sheet $1,802 Accounts receivable (net) $1,884 Inventory 763 786 Income statement Net sales $18,358 $18,906 10,971 11,385 Cost of goods sold Round all answers to two decimal places. Year 1 Year 2 Accounts receivable turnover 20 X 2 x 10 x days 20 x days Receivable collection period Inventory turnover Inventory-on-hand period 20 X 20 x 20 x days 10 x days