CP85 Analyzing Allowance for Doubtful Accounts, Receivables Turnover Ratio, and Days to Collect Mattel and Hasbro are two of the largest and most successful toymakers in the world, in terms of the products they sell and their receivables management practices. To evaluate their ability to collect on credit sales, consider the following information reported in their annual reports (amounts in millions) Mattel Hasbro 2012 2011 2010 2012 2011 2010 Fiscal Year Ended: Net Sales Accounts Receivable $6,400 $6,300 $5,900 $4100 $4.300 $4,000 1,265 1,280 1,200 1,050 1,058 990 30 20 20 24 35 30 Allowance for Doubtful Accounts Accounts Receivable, Net of Alowance 1,230 1,250 1,180 1.030 1,034 960 Required: 1. Calculate e receivables turnover ratios and days to collect for Mattel and Hasbro for 2012 Round your final answers to one decimal place.) ur calculations, use average Accounts Receivable, Net of Allowance the companies was quicker to convert its receivables into cash in 2012? in 2011? and 2011. ( 2. Which of companies