aer lingus provides passenger and cargo transportation services from ireland to markets in the united kingdom/

Required:
1. Compute the following for each company for 2012:
a. The receivables turnover ratio.
b. The average collection period.
2. Based on your computations for (1), which company trade receivables appear to be the more  liquidâ asset? Explain.
3. The companies use different currencies to prepare their financial statements. Does the use of different currencies affect the interpretation of the receivables turnover ratio and the average collection period? Explain.