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The Second Cup is a Canadian specialty coffee retailer with over 350 cafs that serve the needs of thousands of guests daily. Its annual reports include the following details (in thousands of Canadian dollars): Year Net sales Accounts receivable Allowance for doubtful accounts 2015 2014 2013 $36,696 $27,449 $27,432 5,170 5,143 5,030 1,650 1,085 609 2012 2011 2010 $26,904 $25,069 $25,466 4,846 5,457 5,970 295 142 29 1-a. Determine the receivables turnover ratio for 20112015. (Round the final answers to 2 decimal places.) Answer is complete but not entirely correct. Turnover Ratio 2015 7.12 X times 2014 5.99 times 2013 5.56 X times 2012 5.22 X times 2011 4.39 X times 1-b. Determine the average collection period for 20112015. (Use 365 days a year. Round the intermediate calculations to 2 decimal places and the final answers to the nearest whole number.) Answer is complete but not entirely correct. 2015 2014 Average Collection Period 51 X days 61 x days 66 X days 70 X days 83 days 2013 2012 2011