FSA 7-2 Comparative Analysis LO A1, P2 Comparative figures for Apple and Google follow. $ millions Accounts receivable, net Net sales Current Year $ 23, 186 265,595 Required 1 Apple One Year Prior $ 17,874 229,234 Required 2 Two Years Prior $15,754 215,639 Complete this question by entering your answers in the tabs below. Required: 1. Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google. 2. Which company more quickly collects its accounts receivable in the current year? Current Year $ 20,838 136,8191 Google One Year Prior $18,336 110,855 Two Years Prior $ 14,137 90,272
FSA 7-2 Comparative Analysis LO A1, P2 Comparative figures for Apple and Google follow. $ millions Accounts receivable, net Net sales Current Year $ 23, 186 265,595 Required 1 Apple One Year Prior $ 17,874 229,234 Required 2 Two Years Prior $15,754 215,639 Complete this question by entering your answers in the tabs below. Required: 1. Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google. 2. Which company more quickly collects its accounts receivable in the current year? Current Year $ 20,838 136,8191 Google One Year Prior $18,336 110,855 Two Years Prior $ 14,137 90,272
Corporate Financial Accounting
15th Edition
ISBN:9781337398169
Author:Carl Warren, Jeff Jones
Publisher:Carl Warren, Jeff Jones
Chapter8: Receivables
Section: Chapter Questions
Problem 8.1MAD: Accounts Receivable Turnover and Number of Days Sales in Receivables Analyze and compare Amazon.com...
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![FSA 7-2 Comparative Analysis LO A1, P2
Comparative figures for Apple and Google follow.
$ millions
Accounts receivable, net
Net sales
Current Year
$ 23, 186
265,595
Apple
One Year
Prior
$ 17,874
229,234
Two Years
Prior
$ 15,754
215,639
Complete this question by entering your answers in the tabs below.
Required:
1. Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google.
2. Which company more quickly collects its accounts receivable in the current year?
Required 1 Required 2
Which company more quickly collects its accounts receivable in the current year?
Which company more quickly collects its accounts receivable in the current year?
< Required 1
Current Year
$ 20,838
136,819
Required 2 >
Google
One Year
Prior
$ 18,336
110,855
Two Years
Prior
$ 14,137
98,272](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc9fc7c00-4031-4360-b830-dbba4cd4305a%2Fcf5df114-d2fd-4eb0-af42-5a26cb77234b%2Fq1eftnm1_processed.jpeg&w=3840&q=75)
Transcribed Image Text:FSA 7-2 Comparative Analysis LO A1, P2
Comparative figures for Apple and Google follow.
$ millions
Accounts receivable, net
Net sales
Current Year
$ 23, 186
265,595
Apple
One Year
Prior
$ 17,874
229,234
Two Years
Prior
$ 15,754
215,639
Complete this question by entering your answers in the tabs below.
Required:
1. Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google.
2. Which company more quickly collects its accounts receivable in the current year?
Required 1 Required 2
Which company more quickly collects its accounts receivable in the current year?
Which company more quickly collects its accounts receivable in the current year?
< Required 1
Current Year
$ 20,838
136,819
Required 2 >
Google
One Year
Prior
$ 18,336
110,855
Two Years
Prior
$ 14,137
98,272
![FSA 7-2 Comparative Analysis LO A1, P2
Comparative figures for Apple and Google follow.
$ millions
Accounts receivable, net
Net sales
Current Year
$ 23,186
265,595
a. Apple
b. Google
Complete this question by entering your answers in the tabs below.
Apple
One Year
Prior
$ 17,874
229,234
Required:
1. Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google.
2. Which company more quickly collects its accounts receivable in the current year?
Accounts Receivable Turnover
Current Year
Prior Year
times
times
Two Years
Prior
$ 15,754
215,639
times
times
Required 1 Required 2
Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google.
Note: Round your answers to 1 decimal place.
Required 1
Current Year
$ 20,838
136,819
Google
One Year
Prior
$ 18,336
110,855
Required 2 >
Two Years
Prior:
$ 14,137
90,272](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc9fc7c00-4031-4360-b830-dbba4cd4305a%2Fcf5df114-d2fd-4eb0-af42-5a26cb77234b%2F0ziyrfl_processed.jpeg&w=3840&q=75)
Transcribed Image Text:FSA 7-2 Comparative Analysis LO A1, P2
Comparative figures for Apple and Google follow.
$ millions
Accounts receivable, net
Net sales
Current Year
$ 23,186
265,595
a. Apple
b. Google
Complete this question by entering your answers in the tabs below.
Apple
One Year
Prior
$ 17,874
229,234
Required:
1. Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google.
2. Which company more quickly collects its accounts receivable in the current year?
Accounts Receivable Turnover
Current Year
Prior Year
times
times
Two Years
Prior
$ 15,754
215,639
times
times
Required 1 Required 2
Compute the accounts receivable turnover for the two most recent years for (a) Apple and (b) Google.
Note: Round your answers to 1 decimal place.
Required 1
Current Year
$ 20,838
136,819
Google
One Year
Prior
$ 18,336
110,855
Required 2 >
Two Years
Prior:
$ 14,137
90,272
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