Presented here is basic financial information (in millions) from the annual reports of Pharoah and Wildhorse. Pharoah Wildhorse Sales $23.100 $13,200 Allowance for doubtful accounts, Jan. 1 Allowance for doubtful accounts, Dec. 31 Accounts receivable balance (gross), Jan. 1 71.0 113 85.0 115 2,600.0 2.100 Accounts receivable balance (gross), Dec. 31 3.400.0 1.400 Calculate the accounts receivable turnover and average collection period for both companies. (Round answers to 1 decimal place, e.g. 15.2. Use 365 days for calculation.) Pharoah Accounts receivable turnover Average collection period eTextbook and Media Save for Later times days Wildhorse times days Attempts: 0 of 3 used Submit