Question: Please help with calculating recievables turnover ratio and average collection period. Aswell as the most efficient company Exercise 5-18 (Algo) Calculate receivables ratios (LO5-8) Below

as the most efficient company Exercise 5-18 (Algo) Calculate receivables ratios (LO5-8)

Below are amounts (in millions) from three companies' annual reports. Required: 1.

Please help with calculating recievables turnover ratio and average collection period.

Aswell as the most efficient company

Exercise 5-18 (Algo) Calculate receivables ratios (LO5-8) Below are amounts (in millions) from three companies' annual reports. Required: 1. Calculate the receivables turnover ratio and the average collection period for WalCo, TarMart and CostGet. 2. Which company appears most efficient in collecting cash from sales? Calculate the receivables turnover ratio and the average collection period for WalCo, TarMart and CostGet. (Enter your answers rounded to 1 decimal place.) Which company appears most efficient in collecting cash from

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