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Complete this question by entering your answers in the tabs below. Calculote the receivables tumover ratio and awerage collection period for Smal Mart and Arrow.

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Complete this question by entering your answers in the tabs below. Calculote the receivables tumover ratio and awerage collection period for Smal Mart and Arrow. (Enter your answers in milions. iatermediate calculations.) Assume selected financial data for Small Mart and Arrow, two close competitors in the retail industry, are as followr: Required: 1-a. Calculate the recelvables turnover ratio and average collection period for Small Mart and Arrow. 1-b. Which company maintains a higher recelvables turnover? Complete this question by entering your answers in the tabs below. Which company maintains a higher receivables turnover? Whish copripary maintains a Righer recelvakies turnoven Assume selected financial data for Small Mart and Arrow, two close competitors in the retail industry, are as follows: Required: 1-a. Calculate the recelvables turnover ratio and average collection period for Small Mart and Arrow. 1-b. Which company maintains a higher receivables turnover? Complete this question by entering your answers in the tabs below

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