Question: Comparative figures for Apple and Google follow. Apple Google One Year TWO Years One Year $ millions Current Year Prior Prior Current Year Prior Accounts
Comparative figures for Apple and Google follow. Apple Google One Year TWO Years One Year $ millions Current Year Prior Prior Current Year Prior Accounts receivable, net $ 22,926 $ 23, 186 $ 17,874 $ 25, 326 $ 20,838 Net sales 260, 174 265,595 229, 234 161,857 136,819 Required: 1. Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google 2. Which company more quickly collects its accounts receivable in the current year? TWO Years Prior $ 18,336 110,855 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google. (Round your answers to 1 decimal place.) Accounts Receivable Turnover Current Year Prior Year times times times times a Apple b. Google
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