(bl Calculate the average number of days required by each company to collect its receivables: (Round answers to 1 decimal place, e.g. 18.4.) Days to collect days days eTextbook and Media Save for Later Attempts: 0 of 3 used Current Attempt in Progress The financial data for Cullumber Foods Inc. and Ivanhoe Enterprises Ltd. for the current year are as follows (amounts in thousands): Accounts Accounts Annual Sales Receivable Jan. 1 Receivable Dec. 31 Cullumber Foods $60,310 $6.650 $7,670 Ivanhoe Enterprises 29,430 1,850 1,940 (a) Calculate the accounts receivable turnover for each company assuming that all sales are on account. (Round answers to 1 decimal place, e.g. 18.4.) Cullumber Foods Ivanhoe Enterprises Accounts receivable turnover times times eTextbook and Media Save for Later Attempts: 0 of 3 used Submit AnswerAttempts: 1 of 3 used (c) Which company appears to be more efficient at handling its accounts receivable? appears to be more efficient at handling its accounts receivable. eTextbook and Media Save for Later Attempts: 0 of 3 used Submit Answer MacBook Pro