enth Sunda Smiley Jams is well known for its fruit jams and Sir Tomato is the company behind Big Green canned vegetables. To evaluate the ability to collect on credit sales, consider the following rounded Information in their annual reports amounts in milions Fiscal Year Ended April 3: Net Sales Accounts Receivable Allowance for Doubtful Accounts Accounts Receivable, Net of Allowance 2016 $9,500 Seley Jus 2015 2014 $7,39 $7,310 621 $ 2,99 $ 3,650 $ 18,340 Required: 1. Calculate the receivables turnover ratios and days to collect for Smiley Jams and Sir for the fiscal years ended in 2016 and 2015. (Use 365 days in a year. Round your answers to 1 decimal place. Use final rounded answers from Accounts Receivable Turnover Ratio for Days to Collect ratio calculation) Slomat Receivables Turnover Ratio Days to Collect 2. Which of the companies is quicker to convert its receivables into cash in 2016 Smiley Jams Su Tomato Prey 30 >