* Ch 8 Homework Assignment > -/8 E Question 5 of 7 View Policies Current Attempt in Progress Presented here is selected financial information in millions of dollars) from the 2017 financial statements of Canadian National Railway Company and Canadian Pacific Railway Limited: CN Railway CP Railway Sales $13,041 $6,554 28 32 Allowance for doubtful accounts, beginning of year Allowance for doubtful accounts, end of year Accounts receivable balance (net), beginning of year 16 25 875 591 Accounts receivable balance (net), end of year 984 687 Calculate the receivables turnover and average collection period for both companies, (Round times to 1 decimal place, c.g. 52.7 and all other answers to decimal places, eg. 52) CN Railway CP Railway Receivables turnover times times days Average collection period days e Textbook and Media Attempts: 0 of 5 used Submit Answer Soveror Lator Save for Later Attempt (b) The parts of this question must be completed in order. This part will be available when you complete the part above