LOFON 10 Statele Beginning Accounts Receivable $1,615 5,166 429 Ending Accounts Receivable $2,562 5,694 465 Hamilton Derby Warner Net Sales $382,427 47,878 48,963 Required: 1. Calculate the receivables turnover ratio and the average collection period for Hamilton, Derby, and Warer. (Do not round intermediate calculations. Enter your answers in millions. Round your "Average accounts receivable" and "Receivables turnove ratio" answers to one decimal place.) Nel sales Hamilton Derby Warner Receivables Turnover Ratio Average accounts receivable 302.427 $ 1,688.5 47,878 $ 5,430.0 48,063 $ 4470 $ S $ Roceivables tumover ratio 190.4 times 8.8 times 109.5 times