Current Attempt in Progress - Your answer is partially correct. The following information is available from the annual reports of Pina Colada Corp. and Wildhorse Co. Companies. (In millions) Pina Colada Corp. $130,000 20,900 Wildhorse Co. $43,600 Sales Beginning receivables, net 3.000 Ending receivables, net 16,200 4,700 Based on the preceding information, compute the following for each company: (Round answers to 1 decimal place, eg. 15.2. Use 365 days for calculation.) 1. Accounts receivable turnover. (Assume all sales were credit sales.) 2. Average collection period. Wildhorse Co. 1. Accounts receivable turnover Pina Colada Corp. 7 times 45.5 days 11.3 times 2. Average collection period 39.3 days