Mathis and Hashey are two of the largest and most successful toymakers in the world, in terms of the products they sell and their receivables management practices. To evaluate their ability to collect on credit sales, consider the following information reported in their annual reports (amounts in millions).

	Mathis										Hashey
Fiscal Year Ended:	2015			2014			2013				2015			2014			2013
Net Sales	$	3,956		$	3,331		$	4,118			$	2,102		$	2,168		$	2,222
Accounts Receivable		1,078			684			810				902			982			554
Allowance for Doubtful Accounts		13			16			17				22			24			23
Accounts Receivable, Net of Allowance		1,065			668			793				880			958			531

Required 1. Calculate the receivables turnover ratios and days to collect for Mathis and Hashey for 2015 and 2014. TIP: In your calculations, use average Accounts Receivable, Net of Allowance. (Use 365 days in a year. Do not round intermediate calculations on Accounts Receivable Turnover Ratio. Round your final answers to 1 decimal place. Use final rounded answers from Accounts Receivable Turnover Ratio for Days to Collect ratio calculation.) 2015 2014 Mathis Hashey Mathis Hashey Receivables Turnover Ratio Days to Collect 2-a. which of the companies was quicker to convert its receivables into cash in 2015? O Mathis Hashey 2-b. Which of the companies was quicker to convert its receivables into cash in 2014? O Mathis O Hashey