Login Connect Chapter 7 Application Problems MHE Reader MHE Reader Help Save & Exit Submit 3 Check my work Comparative figures for Apple and Google follow. 6.25 points $ millions Accounts receivable, net Net sales Apple Current One Year TWO Years Year Prior Prior $ 17,874 $ 15,754 $ 16,849 229, 234 215,639 233,715 Skipped Google Current One Year Two Years Year Prior Prior $ 18,336 $14,137 $11,556 110,855 90,272 74,989 eBook Print Required: 1. Compute the accounts receivable turnover for ( Apple and (b) Google for each of the two most recent years using the data shown 2. Compute how many days, on average, it takes to collect receivables for the two most recent years for (a) Apple and (6) Google. Hint: Average collection period equals 365 divided by the accounts receivable turnover. 3. Which company more quickly collects its accounts receivable in the current year? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute the accounts receivable turnover for (a) Apple and (b) Google for each of the two most recent years using the data shown. (Round your answers to 1 decimal place.) Accounts Receivable Turnover