Carter & Evans reported the following rounded amounts (in millions): Accounts Receivable Allowance for Doubtful Accounts Accounts Receivable, Net of Allowance et les aume all on credit) 2019 2012 $ 5,435 $5,140 (305) (310) $5,130 $4,830 $ 40,500 639,000 Required: 1. Determine the receivables turnover ratio ond days to collect for 2019, 2. Do the measures calculated in requirement represent an improvement (or deterioration) in receivables turnover, compared to 2018, when the turnover was 9.57 Complete this question by entering your answers in the tabs below. Required 1 Required a Determine the receivables turnover ratio and days to collect for 2019. (Use 365 days in a year, po not round intermediate calculations. Round your final answers to 1 decimal place:) Receivables Turnover Ratio Days to Collect timon daye Miller Foods Corporation was formed in 2015 with the merger of Tashamo Corporation and Grouch Mayor Companies. The company reported the following rounded amounts for the year ended December 29, 2018 (all amounts in millions); Debita Credit Accounts Receivable allowance for Doubtful Accounts $28 Sales assume all on credit) 18,500 Required: 1. Assume Miller Foods uses 3/4 of 1 percent of sales to estimate its Bed Debt Expense for the year. Prepare the adjusting journal entry required for the year, assuming no Bad Debt Expense has been recorded yet. 2. Assume Insteod Miler Foods uses the aging of accounts receivable method and estimates that $82 of its Accounts Receivable will be uncollectible. Prepare the adjusting Journal entry required at December 29, 2018, for recording Bad Debt Expense. 3. Assume instead Miller Foods's uses the aging of accounts receivable method and estimates that $82 of its Accounts Receivable will be uncollectible. Prepare the adjusting Journal entry required at December 29, 2018, for recording Bad Debt Expense assuming Miller Foods's unadjusted balance in Allowance for Doubtful Accounts at December 29, 2018, was a debit balance of $22 4. If one of Miller Foods's customers declared bankruptcy, what journal entry would be used to write off its $20 balance? Journal entry worksheet