Below are amounts (in millions) from three companies' annual reports. Beginning Accounts Receivable Ending Accounts Receivable Net Sales WalCo TarMart CostGet $1,755 5,866 569 $2,702 6,394 $316,427 61,878 605 62,963 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 TarMart CostGet WalCo TarMart CostGet Receivables Turnover Ratio Average Collection Period Receivables turnover ratio 0 times 0 times 0 times Average collection period 0 days 0 days 0 days 2. Which company appears most efficient in collecting cash from sales? WalCo TarMart CostGet Prev 1 of 23