ACCOUNTING Chapter 5 Homework Question 12 (of15 12 166 points Below are amounts (in millions) companies annual reports $312,427 57,878 58,963 $2,662 Wal-Mart Target Costco Wholesale $1,715 5,666 529 6,194 565 Required: a. For each company, calculate the receivables turnover ratio, and the average collection round the average accounts receivable and round your final answers to 1 decimal place.) Receivables turnover times times times ratio Average collection period days days days b.Which company appears most officient in collecting cash from sales? Costco O Wal-Mart Target Hints Reterences Book & Resources Hint e1 oe@@ 9 Fuel Codes