Compute and compare the accounts receivable turnover ratios for Coca-Cola and Wa

Question

Compute and compare the accounts receivable turnover ratios for Coca-Cola and Wal-Mart. Indicate all numbers you used to calculate the ratio. using formula Net sales / Average Accounts Receivables



http://www.coca-cola.com/en/index.html
. Find the financial information and then annual reports. At the site, rest your mouse over Coke in the USA, on the drop-down menu, click on About The Coke- Cola Company | “Investors” and Reports & Financial Information. Choose the most current Annual Report. Note in the discussion board which year’s information you used. You will need to scroll through the annual report to find the information that you need to answer the questions. Remember what you learned in Accounting I about financial statements to help you find what you need.


http://www.walmart.com/

Follow the link above to Walmart’s website.
Scroll to the bottom of the page.
Under the “Stores & Corporate heading,”
Click on the link “Investor Relations.”
On the left-hand page under “Financial Information,” click on “Annual Reports.”
Click on the PDF in the image.

Explanation / Answer

Coca cola =8.8 Walmart =94.5 It is given http://finapps.forbes.com/finapps/jsp/finance/compinfo/Ratios.jsp?tkr=wmt http://finapps.forbes.com/finapps/jsp/finance/compinfo/Ratios.jsp?tkr=KO

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