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 credi card operations. Information from the financial statements for both companies for two recent years is as follows (all numbers are in millions): Bassett Fox $302,950 $423,400 Merchandise sales Credit card receivables--beginning Credit card receivables-ending 63,600 50,073 53,098 38,551 a. (1) Determine the accounts recevable turnover for both companies. Round to one decimal place. Bassett Stores Fox Stores (2) Determine the day sales in receivables for both companies, 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 days Fox Stores days b. What condusion can be drawn regarding the two companies and their credit card policies