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
Accounts receivable (net)	$1,884	$1,802
Inventory	763	786
Income statement
Net sales	$18,158	$18,706
Cost of goods sold	10,771	11,185

Round all answers to two decimal places.

	Year 1		Year 2
Accounts receivable turnover	Answer		Answer
Receivable collection period	Answer	days	Answer	days
Inventory turnover	Answer		Answer
Inventory-on-hand period	Answer	days	Answer