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 Has Fiscal Year Ended Net Sales Accounts Receivable Allowance for Doubtful Accounts Accounts Receivable, Net of Allowance 2815 2814 2813 2815 2814 2813 3,282 $3,868 $3,222 531 $5,118 860 $5,856 1,128 18 1,11e 734 21 713 29 684 28 952 1,832 27 925 1,803 838 Requlred: 1. Calculate the receivables tumover 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 363 days In a year. Do not round Intermedlete calculetlons on Accounts Recelvable Turnover Ratlo. Round your finel answers to 1 declmal place. Use final rounded answers from Accounts Recelvable Turnover Ratlo for Days to Collect ratlo calculatlon.) Mathis Has Mathis Has Receivables Turnover Ratio Days to Collect 2-a. Which of the companies was quicker to convert its receivables into cash in 2015? O Mathis O Hashey 2-b. Which of the companies was quicker to convert its receivables into cash in 2014? O Mathis O Hashey