I just need the last section on this one!Analyzing Accounts ReceivableThe following information is...I...

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Accounting

I just need the last section on this one!
Analyzing Accounts Receivable
The following information is taken from the annual report of TheCoca-Cola Company:
(amounts in millions) 2014 2015
Net sales $45,998 $44,294
Accounts receivable (net) 4,466 3,941

Calculate the receivable turnover ratio and the receivablecollection period for 2014 and 2015. Round your answer to twodecimal places.
2014 2015
Receivable turnover ratio
Answer
Answer
Receivable collection period Answer days Answer days

How much additional cash flow from operations could Coca-Colagenerate in 2015 if it could reduce its receivable collectionperiod to just 30 days?
Round your final answer to the nearest million dollar.
2015
Additional cash flow $Answer
million

(amounts in millions)	2014	2015
Net sales	$45,998	$44,294
Accounts receivable (net)	4,466	3,941

	2014		2015
Receivable turnover ratio	Answer		Answer
Receivable collection period	Answer	days	Answer	days

	2015
Additional cash flow	$Answer	million

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3.7 Ratings (550 Votes)

Answer of Part 1 For 2015 Receivable Turnover Net Sales Accounts Receivable Receivable Turnover 44294 3941 Receivable Turnover 1124 times Receivable Collection Period 365 days See Answer

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In: AccountingI just need the last section on this one!Analyzing Accounts ReceivableThe following information is...I just need the last section on this one!Analyzing Accounts ReceivableThe following information is taken from the annual report of TheCoca-Cola Company:(amounts in millions)20142015Net sales$45,998$44,294Accounts receivable (net)4,4663,941Calculate the receivable turnover ratio and the receivablecollection period for 2014 and 2015. Round your answer to twodecimal places.20142015Receivable turnover ratioAnswerAnswerReceivable collection periodAnswerdaysAnswerdaysHow much additional cash flow from operations could Coca-Colagenerate in 2015 if it could reduce its receivable collectionperiod to just 30 days?Round your final answer to the nearest million dollar.2015Additional cash flow$Answermillion