Question: P&E Shipping reported the following rounded amounts (in millions): Required: 1. Determine the receivables turnover ratio and days to collect for 2019 2. Do the

$P\&E Shipping reported the following rounded amounts (in millions): Required: 1.$ Determine the receivables turnover ratio and days to collect for 2019 2.

Do the measures calculated in requirement 1 represent an improvement (or deterforation)

in recelvables tumover, compared to 2018 , when the turnover was 10.8

P\&E Shipping reported the following rounded amounts (in millions): Required: 1. Determine the receivables turnover ratio and days to collect for 2019 2. Do the measures calculated in requirement 1 represent an improvement (or deterforation) in recelvables tumover, compared to 2018 , when the turnover was 10.8 ? Complete this question by entering your answers in the tabs below. Determine the receivables tumover ratio and days to collect for 2019. (Use 365 days in a year. Do not round intarmediate calculations. Round your final answers to 1 decimal place.) P\&E Shipping reported the following rounded amounts (in millions): Required: 1. Determine the receivables turnover ratio and days to collect for 2019 2. Do the measures calculated in requirement 1 represent an improvement for deterioration) in recenables turnover, compared to 2018, when the turnover was 10.8 ? Complete this question by entering your answers in the tabs below. Do the measures calculated in requirement 1 represent an improvement (or deterioration) in recelvables turnover, compared to 2018 , when the turnover was 10.8

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