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Week $4$: Homework

Week 4: Homework O Saved Help Save & Exit Subm Check my work Calculate the receivables turnover ratio and the average collection period for WalCo, TarMart and CostGet. (Enter your answers in millions rounded to 1 decimal place.) 5 points eBook print References WalCo TarMart CostGet WalCo TarMart CostGet s s s Choose Numerator Net sales 314,427 59,878 60,963 Choose Numerator 365 Receivables Turnover Ratio Choose Denominator Average accounts receivable 2,682K) 6,294 0 585 0 Average Collection Period Choose Denominator Receivables turnover ratio Required 2 Receivables turnover ratio 1172 times 9_5 times 104.2 times Average collection penod O days O days O days