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Below are amounts (in millions) from three companies' annual reports. Beginning Ending WalCo TarMart CostGet Receivable Receivable Net Sales $2,562 5,694 $1,615 5,168 429 5302.427

Below are amounts (in millions) from three companies' annual reports.

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Beginning Ending WalCo TarMart CostGet Receivable Receivable Net Sales $2,562 5,694 $1,615 5,168 429 5302.427 47.878 48.963 465 Required: 1. Calculate the receivables turnover ratio and the average collection period for WalCo, TarMart and CostGet. (Do not round intermediate calculations. Enter your answers in millions. Round your "Average accounts receivable" and "Receivables turnover ratio" answers to one decimal place.) Receivables Turnover Ratio Net sales -Average accounts receivableReceivables turnover ratic WalCo TarMart CostGet 0 times 0 times 0 times Average collection period WalCo TarMart CostGet 0 days 0 days 0 days 2.Which company appears most efficient in collecting cash from sales? O WalCo O TarMart O CostGet

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