Accounts Receivable Analysis

Xavier Stores Company and Lestrade 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 $($in millions$)$:

Xavier Lestrade

Sales $$8,500,000$ $$4,585,000$

Credit card receivables$$beginning $820,000600,000$

Credit card receviables$$ending $880,000710,000$

a$.$ Determine the $(1)$ accounts receivable turnover and $(2)$ the number of days' sales in receivables for both companies. Round your calculations and answers to one decimal place. Assume $365$ days a year.

Xavier Lestrade Stores $1.$ Accounts receivable turnover fill in the blank $1$

fill in the blank $2$

$2.$ Number of days' sales in receivables fill in the blank $3$

days fill in the blank $4$

days