On January 1, 2024, the general ledger of 3D Family Fireworks includes the following account balances:

Check my work Accounts Debit Credit Cash $27 , 100 Accounts Receivable 15, 200 Allowance for Uncollectible Accounts $1 , 600 Supplies 4, 100 Notes Receivable (63, due in 2 years) 20,000 Land 80, 500 Accounts Payable 11, 300 Common Stock 100,000 Retained Earnings 34,000 Totals $146,900 $146, 900 During January 2024, the following transactions occur: January 2 Provide services to customers for cash, $51, 100. January 6 Provide services to customers on account, $88,400. January 15 Write off accounts receivable as uncollectible, $3,700. (Assume the company uses the allowance method) January 20 Pay cash for salaries, $33,000. January 22 Receive cash on accounts receivable, $86,000. January 25 Pay cash on accounts payable, $7, 100. January 30 Pay cash for utilities during January, $15,300. The following information is available on January 31, 2024. a. The company estimates future uncollectible accounts. The company determines $4,500 of accounts receivable on January 31 are past due, and 20% of these accounts are estimated to be uncollectible. The remaining accounts receivable on January 31 are not past due, and 5% of these accounts are estimated to be uncollectible. (Hint. Use the January 31 accounts receivable balance calculated in the general ledger to split total accounts receivable into the $4,500 past due and the remaining amount not past due.) b. Supplies at the end of January total $750. All other supplies have been used. c. Accrued interest revenue on notes receivable for January. Interest is expected to be received each December 31. d. Unpaid salaries at the end of January are $35,100.General General Income Journal Ledger Trial Balance Statement Balance Sheet Analysis Requirement Enter your Accounts Receivable turnover value rounded to 1 decimal place and Ratio of Allowance for Uncollectlble Accounts as a percentage rounded to 1 decimal place. {a} Calculate the receivables turnover ratio for the month of January. (Hint: For the numerator. use total services provided to customers on account) If the industry average of the receivables turnover ratios for the month of January is 5 times. is the company collecting cash from customers more or less efciently than other companies in the same industry? {h} Calculate the ratio of Allowance for Unccllectible Accounts to Accounts Receivable at the end of January. Based on a comparison of this ratio to the same ratio at the beginning of January. does the company expect an improvement or worsening in cash collections from customers on credit sales?