Question 4 a. Days Receivable b. Allowance for AR to total AR c. Days Inventory Formulas: Day's Receivables = Net Accounts receivable/Average sales...

Assess whether any of Lucent’s competitor are likely to face revenue recognition problems in the coming quarters (based on the calculations given on the Excel). Explain the following for each of Lucent, Cisco, Juniper and Nortel for each of the quarters in 1999 and 2000:a.