To compute the accounts receivable as a percentage of revenue for each company, we need to divide the accounts receivable by the revenue and multiply by 100. Here are the computations:

For Starbucks, the accounts receivable for fiscal year 2022 was $1.14 billion 3. The consolidated net revenue for Q4 fiscal 2022 was $8.4 billion 4. Therefore, the accounts receivable as a percentage of revenue is:

Accounts Receivable / Revenue * 100 = 1.14 / 8.4 * 100 = 13.57%

For General Electric, the accounts receivable for fiscal year 2020 was $18.6 billion 5. The total revenue for fiscal year 2020 was $79.2 billion 5. Therefore, the accounts receivable as a percentage of revenue is:

Accounts Receivable / Revenue * 100 = 18.6 / 79.2 * 100 = 23.48%

From the above computations, we can see that General Electric has a higher percentage of accounts receivable to revenue than Starbucks, indicating that General Electric is making more of its sales on account than Starbucks.

As to why one of these companies is making more of its sales on account than the other, there could be several reasons. One possible reason is that General Electric has a larger customer base than Starbucks and hence has more customers who buy on credit. Another reason could be that General Electric's products are more expensive than Starbucks' products, and hence customers are more likely to buy on credit to finance their purchases.

References:

Starbucks 22 Annual Report

SBUX - 10.2.2022 - 10-K (q4cdn.com)Links to an external site.

GE 22 Annual Report

GE Annual Report 2022: Aerospace, Vernova & HealthCare | General Electric