E4.18 Analyzing Asset Management Effectiveness. Presented below are selected financial data from the Myers Squibb annual report. Using the ratio definitions from Exhibit 4.6, calculate the following accounts receivable turnover, receivable collection period, inventory turnover, and the inventory-on-hand pe Evaluate Bristol-Myers' receivable and inventory asset management effectiveness. amounts in millions) Year 1 Year 2 Balance sheet Accounts receivable (net). Inventory . . .. 4,373 1,830 73 $ 3,37 2,060 Income statement Cost of goods sold. $19,380 5,989 $19.207 5,928