Macroware Corporation reported the following information in its financial statements for three successive quarters ($ in millions): Balance Sheets: Accounts receivable, net Income statements: Sales revenue 6/30/2020 (Q4) $ 15,361 $ 24,545 Receivables turnover ratio Q4 Receivables turnover ratio Q3 Average collection period Q4 Average collection period Q3 Required: Compute the receivables turnover ratio and the average collection period for Q4 and Q3. Assume that each quarter consists of 91 days. Note: Round "Receivables turnover ratio" answers to 3 decimal places and "Average collection period" answers to 2 decimal places. Three Months Ended 3/31/2020 (Q3) 12/31/2019 (Q2) $ 19,805 $ 12,895 $ 23,325 $ 22,110 times times days days

Macroware Corporation reported the following information in its financial statements for three successive quarters (\$ in millions): Required: Compute the receivables turnover ratio and the average collection period for Q4 and Q3. Assume that each quarter consists of 91 days. Note: Round "Receivables turnover ratio" answers to 3 decimal places and "Average collection period" answers to 2 decimal places