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cola inc, and soda Co. are two of the largest and most successful beverage companies in...

cola inc, and soda Co. are two of the largest and most successful beverage companies in the world in termns of the products that they sell and their receivable management practices. to evaluate their ability to collected on credit sales, consider the following rounded amounts reported in their annual reports

cola inc soda co

fical year ended 2015 2014 2013 2015    2014    2013

net sales 33319* 28990 30440 56338    41732    41751

acc receivable    4448 3783    3111    6437 4684 3754

allowance for doubtful    45    52 48    141    87 67

accounts receivable net of allowance 4403 3731 3063    6296 4597    3687

calculate the receivables turnover ratios and days to collect for cola inc, and soda co for 2015 and 2014

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