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Business, 25.04.2020 05:02 sujeyribetanco2216

Cola Inc. Soda Co. Fiscal Year Ended: 2015 2014 2013 2015 2014 2013 Net Sales $ 39,819 $ 35,690 $ 36,444 $ 62,438 $ 47,932 $ 47,751 Accounts Receivable 4,588 3,903 3,231 6,557 4,804 3,874 Allowance for Doubtful Accounts 57 64 60 153 99 79 Accounts Receivable, Net of Allowance 4,531 3,839 3,171 6,404 4,705 3,795 Required: Calculate the receivables turnover ratios and days to collect for Cola Inc. and Soda Co. for 2015 and 2014. (Use 365 days in a year. Do not round intermediate calculations on Accounts Receivable Turnover Ratio. Round your final answers to 1 decimal place. Use final rounded answers from Accounts Receivable Turnover Ratio for Days to Collect ratio calculation.)

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