Both companies have an equal market share with sales of $300,000 each. The average sales for industry competitors was $765,000.

	like games	our games	industry average
accounts receivable	8100	11,700	11,550
net fixed assets	165,000	240,000	650,250
total assets	285,000	375,000	703,800

using this info answer questions: 1.) a _____ (low,high)days of sale outstanding represents an efficient credit and collection policy. Between the two companies, _____ (Like Games, Our Play)is collecting cash from its customers faster than_____ (Our Play, Like Games), but both companies are collecting their recievables less quickly than the industry average. 2.) Our Play's fixed assets turnover ratio is _____ (lower, higher)than that of like games. This could be becuase Our Play is a relatively new company, so the aquisition cost of its fixed assets is ____(lower, higher) than the recorded cost of Like Game's net fixed assets. 3.) Like Game's total assets turnover ratio is _____(0.80x, 1.05x), which is ____(higher, lower)than the industry's average total assets turnover ratio. In general, a higher total assets turnover ratio indicates greater effiecency