Question: help please Evaluating Accounts Receivable Turnover for Competitors The Procter & Gamble Company and Colgate-Palmolive Company report the following sales and accounts receivable balances S
help please
Evaluating Accounts Receivable Turnover for Competitors The Procter & Gamble Company and Colgate-Palmolive Company report the following sales and accounts receivable balances S millions Procter & Gamble Colgate-Palmolive 2018 Net sales 566,832 $15,544 2018 Accounts receivable 4,452 1,330 2017 Accounts receivable 4,364 1,406 a. Compute the accounts receivable turnover and DSO for both companies for 2018. Note: Do not round until your final answer Note: Round your final answers to one decimal place (for example, enter 6,8 for 6.77555), Procter & Gamble Colgate-Palmolive AR turnover 14.4 X 10.8 X DSC 25.3 x 33.8 x
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