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ter 12 Assignment Question 2 of 7 -/12 (Accounts receivable turnover) The financial data for Vintage Furniture Inc. and Victoria Foodland Ltd. for the current year are as follows (amounts in thousands): Accounts Receivable Jan. 1 $6,580 Annual Sales $84,637 41,736 Vintage Furniture Victoria Foodland Accounts Receivable Dec. 31 $9,240 1,800 1,160 Calculate the accounts receivable turnover for each company assuming that all sales are on account. (Round answers to 1 decimal place, es 18.4) Vintage Furniture Victoria Foodland Accounts receivable turnover times times e Textbook and Media Calculate the average number of days required by each company to collect its receivables. (Round answers to 1 decimal place, a.s. 18.4) Vintage Furniture Victoria Foodland days days Days to Collect Calculate the average number of days required by each company to collect its receivables. (Round answers to 1 decimal place, eg. 18.4.) Vintage Furniture Victoria Foodland Days to Collect days days e Textbook and Media Which company appears to be more efficient at handling its accounts receivable? appears to be more efficient at handling its accounts receivable