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H&E Foods Incorporated is well known for its fruit jams and Jenkins Food Corporation is the company behind Green Giant canned jegetables. To evaluate their

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H\&E Foods Incorporated is well known for its fruit jams and Jenkins Food Corporation is the company behind Green Giant canned jegetables. To evaluate their ability to collect on credit sales, consider the following rounded information in their annual reports amounts in millions). Required: 1. Calculate the receivables turnover ratios and days to collect for H\&E Foods and Jenkins Food for the fiscal years ended in 2019 a 2018 , 2. Which of the companies is quicker to convert its recelvables into cash? Calculate the recelvables turnover ratios and days to collect for H\&E Foods and Jenkins Food for the fiscal years ended in 2019 and 2018. (Use 365 days in a year. Round your answers to 1 decimal place. Use final rounded answers from Accounts Recelvable Turnover Ratio for Days to Collect ratio calculation.)

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