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Below are amounts (in millions) from three companies' annual reports. Beginning Accounts Receivable $1,625 5,216 439 Ending Accounts Receivable $2,572 5,744 475 Walco TarMart CostGet

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Below are amounts (in millions) from three companies' annual reports. Beginning Accounts Receivable $1,625 5,216 439 Ending Accounts Receivable $2,572 5,744 475 Walco TarMart CostGet Net Sales $303,427 48,878 49,963 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.) Receivables Turnover Ratio II Receivables turnover ratio times Walco TarMart times CostGet times VUOLUOL ULTICO Average Collection Period Walco TarMart CostGet Average collection period days days days 2. Which company appears most efficient in collecting cash from sales? Walco TarMart O CostGet

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