Homework Chapter 7 i Saved Help Save & Exit Submit Check my work 5 The following information is available for Market, Incorporated and Supply, Incorporated at December 31: Market, Supply, 4 Accounts Incorporated Incorporated points Accounts receivable $ 57 , 400 $ 76, 600 Allowance for doubtful accounts 2, 648 2, 356 Sales revenue 636, 960 877, 100 Required: eBook a. What is the accounts receivable turnover for each of the companies? b. What is the average days to collect the receivables? Hint c. Assuming both companies use the percent of receivables allowance method, what is the estimated percentage of uncollectible accounts for each company? Print Complete this question by entering your answers in the tabs below. References Required A Required B Required C What is the accounts receivable turnover for each of the companies? Note: Round your answers to 1 decimal place. Company Accounts Receivable Turnover Market times Supply times Required A Required B > Mc Graw HillHomework Chapter 7 i Saved Help Save & Exit Submit Check my work 5 The following information is available for Market, Incorporated and Supply, Incorporated at December 31: Market, Supply, 4 Accounts Incorporated Incorporated points Accounts receivable $ 57 , 400 $ 76, 600 Allowance for doubtful accounts 2, 648 2, 356 Sales revenue 636, 960 877, 100 Required: eBook a. What is the accounts receivable turnover for each of the companies? b. What is the average days to collect the receivables? Hint c. Assuming both companies use the percent of receivables allowance method, what is the estimated percentage of uncollectible accounts for each company? Print Complete this question by entering your answers in the tabs below. References Required A Required B Required C What is the average days to collect the receivables? Note: Use 365 days in a year. Do not round intermediate calculations. Round your answers to the nearest whole number. Company Average Collection Period Market days Supply days Mc Graw HillHomework Chapter 7 i Saved Help Save & Exit Submit Check my work 5 The following information is available for Market, Incorporated and Supply, Incorporated at December 31: Market, Supply, 4 Accounts Incorporated Incorporated points Accounts receivable $ 57 , 400 $ 76, 600 Allowance for doubtful accounts 2, 648 2, 356 Sales revenue 636, 960 877, 100 Required: eBook a. What is the accounts receivable turnover for each of the companies? b. What is the average days to collect the receivables? Hint c. Assuming both companies use the percent of receivables allowance method, what is the estimated percentage of uncollectible accounts for each company? Print Complete this question by entering your answers in the tabs below. References Required A Required B Required C Assuming both companies use the percent of receivables allowance method, what is the estimated percentage of uncollectible accounts for each company? Note: Round your percentage answers to nearest whole number. Estimated Company Percentage of Uncollectible Accounts Market % Supply % Hill