Help Save & Exd Ched Information from three companies financial statements is shown below (amounts in millions). Beginning Ending Accounta Account Receivable Receivable $1,675 $2,622 5,466 5.994 489 525 Hamilton Derby Warner Net Sales $308,427 53,878 54,963 Required: 1. Calculate the receivables turnover ratio and the average collection period for Hamilton, Derby, and Wemer. (Do not round intermediate calculations. Enter your answers in millions, Round your "Average accounts recevable" and "Receivables turnover ratio answers to one decimal place.) Receivables Turnover Ratio Hamilton Derby Wamer Receivables turnover ratio times limes times Average Collection Period Hamilton Derby Womer Average collection period days days days GOT umes times Average Collection Period Hamilton Derby Wamer Average collection per days days days 2. Which company appears most efficient in collecting cash from sales? Hamilton Derby Warner BNS