Assume selected financial data for Walmart and Target, two close competitors in the retail industry, are as follows:

$($$ in millions$)$ Net Sales Beginning Accounts Receivable Ending Accounts Receivable

Walmart $ $443,854$ $ $5,089$ $ $5,937$

Target $68,4666,1535,927$

Required:

$1-$a$.$ Calculate the receivables turnover ratio and average collection period for Walmart and Target.

$1-$b$.$ Which company has more favorable ratios?