Assume selected financial data for Wally World and Tarjay, two close competitors in the retail industry, are as follows: Required: 1-0. Calculate the recelvables turnover ratio and averge collection period for Wally World and Tarjay. 1b. Which company has more favorable ratios? Complete this question by entering your answers in the tabs below, Calculate the receivables turnover tatio and average collection period for Wolly World and farjay. Wote Enter yout dollat abswers in milions. Do pot found vour intermediate calculations finter Rotios to i decimal place. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{5}{|c|}{ Average Collection Period } \\ \hline & Choose Numerator: & & Choose Denominator: & \\ \hlinex & & -1 & & Average Collection Period \\ \hline Wally World & & -7 & & days \\ \hline Tariay & - & p & & days \\ \hline \end{tabular} Assume selected financlal data for Wally Worid and Tarjay, two close competitors in the retail industry, are as follows: Required: 1-o. Calculate the recelvables tumover ratio and average collection period for Wally World and Tarjay. 1.b. Which company has more favorable ratios? Complete this question by entering your answers in the tabs below. Which company has more favorable ratios