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Below are amounts (in millions) from three companies' annual reports 5 points Beginning Accounts Receivable $1,775 5,966 S89 Ending Accounts Receivable $2,722 6,494 625 Walco
Below are amounts (in millions) from three companies' annual reports 5 points Beginning Accounts Receivable $1,775 5,966 S89 Ending Accounts Receivable $2,722 6,494 625 Walco TarMart CostGet Net Sales $318,427 63,878 64,963 eBook Hint Ask 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.) Print References Receivables Turnover Ratio Receivables tumover ratio times Walco TarMart times temes CostGet Average Collection Period Next >
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