Exercise $7-30($Algo$)$ Ratio analysis; Macroware $[$LO$7-9]$

Macroware Corporation reported the following information in its financial statements for three successive quarters $($ $ in millions$)$:

$\backslash$table$[[,$Three Months Ended$],[$Balance Sheets:,$6/30/2020($Q$4),3/31/2020($Q$3),12/31/2019($Q$2)],[$Accounts receivable, net,$ $18,561,,],[$Income statements:,$ $18,561,$$ $19,845,$$ $12,935],[$Sales revenue,$ $24,585,$$ $23,365,$$ $22,19]]$

Required:

Compute the receivables turnover ratio and the average collection period for Q$4$ and Q$3.$ Assume that each quarter consists of $91$ days.

Note: Round "Receivables turnover ratio" answers to $3$ decimal places and "Average collection period" answers to $2$ decimal places.

$\backslash$table$[[$Receivables turnover ratio Q$4,$times$],[$Receivables turnover ratio Q$3,$times$],[$Average collection period Q$4,$days$],[$Average collection period Q$3,$days$]]$