35 meton.com Ch. 5 Homework Help Saw & Exit Sutimit Below are amounts in millions from three companies annual reports 19 Beginning Ending Accounts Accounts Receivable Receivable $1,675 $2,622 5,466 5,994 489 Walco TarMart CostGet 3.33 point Net Sales $325,427 53,878 54,963 Required: 1. Calculate the receivables turnover ratio and the average collection period for Walca, TarMart and CostGet. (Do not round Intermediate calculations. Enter your answers in millions. Round your "Average accounts receivable" and "Receivables turnover ratio answers to one decimal place.) Tueverato Ww.co Tarhart CoGet Recebes tumowe mes mes ime Average Collection Period Average collection period Wwe Tarant Concen daya (days 2. Which comeny appears most officient in collecting cash from sales Prey 1930 Next > MacBook Air Intermediate calculations. Enter your answers in millions. Round your "Average accounts receivable" and "Recelvables turnover ratio* answers to one decimal place.) 3123 noints Welco Tar Mart CosiGot Receivables fumover ratio times times times T Average Collection Period Walco TarMart CostGet Average collection period days days days 2 Which company appears most efficient in collecting cash from sales? Walco TarMart CostGet MacBook Air