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Financial Ad mheducation.com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A%252F%252Fblackboard.waketech.edu%25 ouTube Maps Take Test: Grammar HW Part 2 Saved Below are amounts (in millions) from three companies' annual reports. Beginning Ending

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Financial Ad mheducation.com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A%252F%252Fblackboard.waketech.edu%25 ouTube Maps Take Test: Grammar HW Part 2 Saved Below are amounts (in millions) from three companies' annual reports. Beginning Ending Accounts Accounts Receivable Receivable $1,775 $2,722 5,966 6,494 589 625 Net Sales said $318,427 Walco TarMart CostGet 64,963 ces Required: 1. Calculate the receivables turnover ratio and the average collection period for Walco, TarMart and CostGet. (Do not round intermediate calculations. Enter your answers in millions. Round your "Average accounts receivable" and "Receivables ratio" answers to one decimal place.) Receivables Turnover Ratio Walco TarMart Coster = Receivables turnover rato O times Olmes O times Average Collection Period Average collection period Waico here to search Required: 1. Calculate the receivables turnover ratio and the average collection period for WalCo, TarMart and CostGet (Do not intermediate calculations. Enter your answers in millions. Round your "Average accounts receivable" and "Receivat ratio answers to one decimal place.) Receivables Turnover Ratio Receivables turnover ratio O mes Walco TarMart Costel olumes O times Average Collection Period Walco TarMart Cosice Average collection period 0 days 0 days O days 2. Which company appears most efficient in collecting cash from sales? doc here to search o E 8. E R

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