Assume selected financial data for Walmart and Target, two close competitors in the retail Industry, are as follows: Net Sales Beginning Accounts Receivable Ending Accounts Receivable ($ in millions) Walmart $467,854 $6,264 $7,137 Target 81,666 6,753 6,527 Required: 1-a. Calculate the receivables turnover ratio and average collection period for Walmart and Target. (Enter your answers in millions. Do not round your Intermediate calculations and round your answers to 1 decimal place.) Receivables Turnover Ratio Receivables Turnover Ratio times Walmart Target times Average Collection Period Average Collection Period Walmart days Target 1 days 1-b. Which company maintains a higher receivables turnover? Walmart O Target = = = =