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11 10 Check my work 2.8 points Problem 5-9A (Algo) Calculate and analyze ratios (LO5-8) Assume selected financial data for Small Mart and Arrow,
11 10 Check my work 2.8 points Problem 5-9A (Algo) Calculate and analyze ratios (LO5-8) Assume selected financial data for Small Mart and Arrow, two close competitors in the retail industry, are as follows: (S in millions) Small Mart eBook Arrow Beginning Accounts Net Sales $ 453,854 73,966 Receivable $ 5,564 6,403 Ending Accounts Receivable. $ 6,437 6,177 Print References Mc Graw Required: 1-a. Calculate the receivables turnover ratio and average collection period for Small Mart and Arrow. 1-b. Which company maintains a higher receivables turnover? Complete this question by entering your answers in the tabs below. Req la Req 1b Calculate the receivables turnover ratio and average collection period for Small Mart and Arro intermediate calculations.) Small Mart Arrow Small Mart Arrow Choose Numerator: Receivables Turnover Ratio Choose Denominator: Choose Numerator: Average Collection Period Choose Denominator: Reg te Req 1b >
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