Question: Help Save & Exit Sul Check my wo Below are amounts (in millions) from three companies' annual reports. Beginning Ending Accounts Accounts Receivable Receivable $1,795



Help Save & Exit Sul Check my wo Below are amounts (in millions) from three companies' annual reports. Beginning Ending Accounts Accounts Receivable Receivable $1,795 $2,742 6,066 6,594 609 645 Walco TarMart CostGet $320, 427 65,878 66,963 Required: 1. Calculate the receivables 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 receivable" and "Receivables turnover ratio" answers to one decimal place.) Receivables Turnover Ratio Walco TarMart Receivables turnover ratio times times hulu search Saved Help Save & Exit Subm Check my work Required: 1. Calculate the receivables 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 receivable" and "Receivables turnover ratio" answers to one decimal place.) Receivables Turnover Ratio Walco TarMart Receivables turnover ratio times times CostGet times Average Collection Period = WalCo Average collection period days days days TarMart CostGet search CostGet 2. Which company appears most efficient in collecting cash from sales? o Walco O TarMart O CostGet hulu search w
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