Assume selected financial data for Wide Mart and Bullseye, two close competitors in the retail industry, are as follows:$($$ in millions$)$Net SalesBeginning Accounts ReceivableEnding Accounts ReceivableWide Mart$ $458,854$$ $5,814$$ $6,687$Bullseye$76,7166,5286,302$Required:$*1-$a$.$Calculate the receivables turnover ratio and average collection period for Wide Mart and Bullseye.$*1-$b$.$Which company maintains a higher receivables turnover?