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Below are amounts ( in millions ) from three companies' annual reports. Required: Calculate the receivables turnover ratio and the average collection period for WalCo,
Below are amounts in millions from three companies' annual reports.
Required:
Calculate the receivables turnover ratio and the average collection period for WalCo, TarMart and CostGet.
Which company appears most efficient in collecting cash from sales?
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Calculate the receivables turnover ratio and the average collection period for WalCo, TarMart and CostGet. Enter your answers in millions
rounded to decimal place.
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