PLEASE ANSWER THE FOLLOWING QUESTION USING THE IMAGE PROVIDED. Macroware Corporation reported the following information in its financial statements for three successive quarters $($$ in millions$)$:Macroware Corporation reported the following information in its financial statements for three successive quarters $($$ in millions$)$:

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.

Three Months Ended

$6/30/2020($Q$4)3/31/2020($Q$3)12/31/2019($Q$2)$

Balance Sheets:

Accounts receivable, net $ $15,761$ $ $19,810$ $ $12,900$

Income statements:

Sales revenue $ $24,550$ $ $23,330$ $ $22,120$

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.