The following data (in millions) were adapted from recent financial statements of HP Inc. (HPQ) formerly Hewlett-Packard Company.

1. Compute the accounts receivable turnover for Years 1 and 2. Round to one decimal place.
2. Compute days' sales in receivables for Years 1 and 2. Round to nearest day.
3. Compute the inventory turnover for Years 1 and 2. Round to nearest day.
4. Compute days' sales in inventory for Years 1 and 2. Round to nearest day.
5. Compute the return on sales for Years 1 and 2. Round to one decimal place.
6. Comment on HP's operations based upon the results in parts (1), (2), (3), (4) and (5).

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Year 2 Year 1 Sales Cost of goods sold Operating income Average accounts receivable Average inventory $103,355 78,596 5,471 16,530 6,450 $111,454 84,839 7,185 17,899 6,231