(Accounts receivable turnover) The financial data for Vintage Furniture Inc. and Victoria Foodland Ltd. for the current year are as follows (amounts in thousands):

		Annual Sales		Accounts Receivable Jan. 1		Accounts Receivable Dec. 31
Vintage Furniture		$84,672		$7,140		$10,140
Victoria Foodland		42,256		1,200		1,840

Calculate the accounts receivable turnover for each company assuming that all sales are on account. (Round answers to 1 decimal place, e.g. 18.4.)

		Vintage Furniture		Victoria Foodland
Accounts receivable turnover		______times		________times

Calculate the average number of days required by each company to collect its receivables. (Round answers to 1 decimal place, e.g. 18.4.)

		Vintage Furniture		Victoria Foodland
Days to Collect		_______ days		_________days

Which company appears to be more efficient at handling its accounts receivable?

_____________ appears to be more efficient at handling its accounts receivable?