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Below are amounts (in millions) from three companies' annual reports WalCo TarMarti CostGet Beginning Accounts Receivable Ending Accounts Receivable Net Sales $1,655 5,306 $2,602
Below are amounts (in millions) from three companies' annual reports WalCo TarMarti CostGet Beginning Accounts Receivable Ending Accounts Receivable Net Sales $1,655 5,306 $2,602 5,094 $306,427 51,878 469 ses 52,963 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.) Walco Tartart CostGet WarCo TarMat CostGet Not sales Receivables Turnover Ratio: Average accounts receivable- Receivables turnover roto 0 times 0 times omes Average Collection Period Dra Average collection penod 0days 0days 0 days
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