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Calculate the receivables turnover ratio and average collection period for Sun Health and Select Medical. ( Enter dollar amounts in millions, and for denominators, to
Calculate the receivables turnover ratio and average collection period for Sun Health and Select Medical. Enter dollar amounts in millions, and for denominators, to decimal place.Choose Numerator:Net salesReceivables Turnover RatioChoose Denominator:Average accounts receivableSun HealthSelect MedicalReceivables Turnover Ratiotimes timesChoose Numerator:Average Collection PeriodChoose Denominator:Sun HealthSelect MedicalAverage Collection Perioddays daysAssume selected financial data for Sun Health Group and Select Medical Corporation, two companies in the healthcare industry, are as follows:
table$ in millionsNet Sales,tableBeginning AccountsReceivabletableEnding AccountsReceivableSun Health,$$$
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