Accounts Receivable Analysis Bassett Stores Company and Fox Stores Inc. are large retail department stores. Both companies offer credit to their customers through their own credit card operations. Information from the financial statements for both companies for two recent years is as follows (all numbers are in millions): Bassett Fox Merchandise sales $240.900 $335,800 Credit card receivables-beginning 50,502 56,450 Credit card receivables-ending 42 162 43,462 a. (1) Determine the accounts receivable turnover for both companies. Round to one decimal place. Bassett Stores V Fox Stores (2) Determine the days' sales in receivables for both com Assume there are 365 days in the year. Round intermediate calculations to the nearest whole dollar and final answers to one decimal place. Bassett Stores dams Fox Stores days b. What conclusion can be drawn regarding the two companies ant it card policies