Compare the three fast food firms (McDonalds, Wendy's, Wingstop) in terms of their accounts receivable turnover. (Hint: accounts receivable turnover is calculated as net sales average net accounts receivable. Read through the presentation and analysis section, last portion of learning objective 5, of chapter 07). Which firm has the best credit policy i.e. faster collection time?

Compare Mcdonalds, Wendy's, and Wingstop in terms of their accounts receivable turnover. (Hint: accounts receivable turnover is calculated as net sales average net accounts receivable. Read through the presentation and analysis section, last portion of learning objective 5, of chapter 07). Which firm has the best credit policy i.e. faster collection time?