Calculator Aprogress=false pero Shelby Stores Company able Analysis Xavier Stores Company and Lastrade Stores Inc. are large retail department stores. Both companies offer credit to their customers through their own credit card operations. Information from the financial statements for both companies for two recent years is as follows in mona)? Xavier Lestrade Sales $259,150 $361,350 Credit card receivable beginning 54,483 64,213 Credit card receivables-ending 45,485 49.439 a. Determine the (1) accounts receivable tumover and (2) the number of days es in receivables for both companies, Mound answers to one decimal place. Assume 365 days a year Xavier Lestrade 1. Accounts receivable turnover 2. Number of dwys sales in receivables days days b. Xavier's accounts receivable turnover is than Lestrade's. The number of days' sales in receivables for Xavier than for Lestrade. These differences indicate that Xavier is able to turn over its receivables quickly than estrade. As a result, it takes Xavier time to collect its rectivables