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8. value: 2.00 points E8-16 Analyzing and Interpreting Receivables Turnover Ratio and Days to Collect [LO 8-4] Shiplt Corporation reported the following rounded amounts (in millions) May 31 Accounts Receivable Allowance for Doubtful Accounts 2013 2012 S 5,535 S 5,240 (355) (360) Accounts Receivable, Net of Allowance s 5,180 s 4,880 Net Sales (assume all on credit) s 43,500 $ 42,000 Required 1. Determine the receivables turnover ratio and days to collect for 2013 (Use 365 days in a year. Do not round your intermediate calculations. Round your answers to 1 decimal place.) Receivables Turnover Ratio times Days to Collect days