Presented here is basic financial information (in millions) from the annual reports of Cullumber and Vaughn. 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.)

Current Attempt in Progress Presented here is basic financial information (in millions) from the annual reports of Cullumber and Vaughn. Cullumber Vaughn Sales $25,400 $14,800 Allowance for doubtful accounts, Jan. 1 78.0 117 Allowance for doubtful accounts, Dec. 31 86,0 119 Accounts receivable balance (gross), Jan, 1 2,600.0 1,700 Accounts receivable balance (gross), Dec. 31 2,900.0 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.) Cullumber Vaughn Accounts receivable turnover times times Average collection period days days