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Exerclse 5-18A Calculate recelvables ratlos (LO5-8) Below are amounts (in millions) from three companies' annual reports. Required: 1. Calculate the receivables turnover ratio and the

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Exerclse 5-18A Calculate recelvables ratlos (LO5-8) Below are amounts (in millions) from three companies' annual reports. Required: 1. Calculate the receivables turnover ratio and the average collection period for WalCo, TarMart and CostGet. (Do not round Intermedlate calculations. Enter your answers in millions. Round your "Average accounts recelvable" and "Recelvables turnover retlo" answers to one decimal place.) 2. Which company appears most efficient in collecting cash from sales? WalCo TarMart CostGet

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