CengageNOW2 Online trachix + agenow.com/ilm/takeAssignment/takeAssignmentMain doinvoker&takeAssignmentSessionlocatorinprogress=false eBook Print Item TOUTES SES compete and the Internet, while Amazon sells only through the Internet. Sales and accounts receivable information for both companies to (in millions): Amazon Best Buy Sales $135,987 $39,528 Accounts receivable: Beginning of year 5,654 1.280 End of year 8,339 1,162 a. Determine the accounts receivable turnover for each company. Round all calculations to one decimal place Amazon Best Buy Accounts Receivable Turnover 16.31 X 32.37 X b. Determine the number of days sales in receivables for each company. Use 365 days and round all calculations to be decima Amazon Best Buy Number of Days Sales in Receivables 10.78 X 11.27 With regard to efficiency in collecting accounts receivable between the two companies which of the following statement is con 1. Best Buy is more effident than Amazon in turning accounts receivable into cash 2. Amazon is more efficient than Best buy in tuming accounts receivable to cash 3. Both Amazon and Best Buy are equally efficient in turning accounts receivable into cash 4. Both Amazon and Best Buy are equally inefficient in turning accounts receivable into cash 1 d. wat tot explain the difference in the above to Check My Work * O 72 Sunny CengageNOW2 Online trachix + agenow.com/ilm/takeAssignment/takeAssignmentMain doinvoker&takeAssignmentSessionlocatorinprogress=false eBook Print Item TOUTES SES compete and the Internet, while Amazon sells only through the Internet. Sales and accounts receivable information for both companies to (in millions): Amazon Best Buy Sales $135,987 $39,528 Accounts receivable: Beginning of year 5,654 1.280 End of year 8,339 1,162 a. Determine the accounts receivable turnover for each company. Round all calculations to one decimal place Amazon Best Buy Accounts Receivable Turnover 16.31 X 32.37 X b. Determine the number of days sales in receivables for each company. Use 365 days and round all calculations to be decima Amazon Best Buy Number of Days Sales in Receivables 10.78 X 11.27 With regard to efficiency in collecting accounts receivable between the two companies which of the following statement is con 1. Best Buy is more effident than Amazon in turning accounts receivable into cash 2. Amazon is more efficient than Best buy in tuming accounts receivable to cash 3. Both Amazon and Best Buy are equally efficient in turning accounts receivable into cash 4. Both Amazon and Best Buy are equally inefficient in turning accounts receivable into cash 1 d. wat tot explain the difference in the above to Check My Work * O 72 Sunny