Exercise 7-30 (Static) Ratio analysis; Microsoft [LO7-9] Microsoft Corporation reported the following information in its financial statements for three successive quarters ($ in millions): Three Months Ended 6/30/2020 (04) 3/31/2020 (03) 12/31/2019 (02) Balance Sheets: Income statements: Accounts receivable, net $ 32,011 Sales revenue $ 38,033 $ 22,699 $ 35,021 $ 23,525 $ 36,906 Required: Compute the receivables turnover ratio and the average collection period for Q4 and Q3. Assume that each quarter consists of 91 days. Note: Round "Receivables turnover ratio" answers to 3 decimal places and "Average collection period" answers to 2 decimal places. Receivables turnover ratio Q4 times Receivables turnover ratio Q3 times Average collection period Q4 days Average collection period Q3 days