Company 1 Company 2 Beginning Accounts Receivable (net) $ 1,800 3,900 Ending Accounts Receivable (net) $ 1,500 2,000 Required: 1. For each company, calculate the receivables turnover ratio. 2. Which company appears more efficient in collecting cash from sale Required 1 Required 2 Complete this question by entering your answers in the tabs below. Company 1 Company 2 Net Credit Sales $ 24,000 71,000 For each company, calculate the receivables turnover ratio. Note: Round your answers to 2 decimal places. Receivables Turnover Ratio times times

1. For each company, calculate the receivables turnover ratio. 2. Which company appears more efficient in collecting cash from sal Complete this question by entering your answers in the tabs below. For each company, calculate the receivables turnover ratio. Note: Round your answers to 2 decimal places