(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		$85,428		$6,380		$9,440
Victoria Foodland		41,978		1,260		1,760

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

eTextbook and Media

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

eTextbook and Media

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

Vintage FurnitureVictoria Foodland appears to be more efficient at handling its accounts receivable.