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Accounts Accounts receivable Allowance for doubtful accounts Sales revenue Market, Inc. $ 58,000 3,048 646,960 Supply, Inc. $ 77,800 2,356 917, 100 Required a. What
Accounts Accounts receivable Allowance for doubtful accounts Sales revenue Market, Inc. $ 58,000 3,048 646,960 Supply, Inc. $ 77,800 2,356 917, 100 Required a. What is the accounts receivable turnover for each of the companies? b. What is the average days to collect the receivables? c. Assuming both companies use the percent of receivables allowance method, what is the estimated percenta accounts for each company? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required c What is the accounts receivable turnover for each of the companies? (Round your answers to 1 decimal place.) Company Accounts Receivable Turnover 112 x times Market Supply 118 x times
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