Question: Connect s reloaded because a problem occurred. Saved Below are amounts in millions) from three companies' annual reports Beginning Accounts Receivable Receivable $1,685 5,516 499
Connect s reloaded because a problem occurred. Saved Below are amounts in millions) from three companies' annual reports Beginning Accounts Receivable Receivable $1,685 5,516 499 Ending Accounts Net Sales $309,427 54,878 55,963 WalCo TarMart CostGet $2,632 6,044 535 Required: 1. Calculate the recelvables turnover ratio and the average collection period for WalCo, TarMart and CostGet. (Do not round Intermediate calculations. Enter your answers in millions. Round your "Average accounts recelvable" and "Recelvables turnover ratio" answers to one decimal place.) Receivables Turnover Ratio Receivables tumover ratio WalCo smes TarMart times CostGet times Average Collection Period Average collection period WalCo TarMart CostGet days days days
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