N 4 points eBook Hint References WalCo TarMart CostGet eginning Accounts Receivable $1,705 5,616 519 Required: 1. Calculate the receivables turnover ratio and the average collection period for WalCo, TarMart and CostGet. 2. Which company appears most efficient in collecting cash from sales? Required 1 Required 2 WalCo TarMart CostGet Complete this question by entering your answers in the tabs below. WalCo TarMart CostGet Ending Accounts Receivable $2,652 6,144 555 Calculate the receivables turnover ratio and the average collection period for WalCo, TarMart and CostGet. (Enter your answers in millions rounded to 1 decimal place.) Net Sales $311,427 56,878 57,963 Choose Numerator Choose Numerator Receivables Turnoner Ratio Choose Denominator Average Collection Period Choose Denominator Receivables turnover ratio 0 times 0 times 0 times Average collection period 0 days 0 days 0 days

Required: 1. Calculate the receivables turnover ratio and the average collection period for WalCo, TarMart and CostGet. 2. Which company appears most efficient in collecting cash from sales? Complete this question by entering your answers in the tabs below. Calculate the receivables turnover ratio and the average collection period for WaiCo, Tarmart and CostGet. (Enter your answers in millions rounded to 1 decimal place.) Below are amounts (in millions) from three companies' annual reports. Required: 1. Calculate the receivables turnover ratio and the average collection period for Wal 2. Which company appears most efficient in collecting cash from sales? Complete this question by entering your answers in the tabs below. Which company appears most efficient in collecting cash from sales