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P&E Shipping reported the following rounded amounts (in millions): Required: 1. Determine the receivables turnover ratio and days to collect for 2019. 2. Do the

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P\&E Shipping reported the following rounded amounts (in millions): Required: 1. Determine the receivables turnover ratio and days to collect for 2019. 2. Do the measures calculated in requirement 1 represent an improvement (or deterioration) in receivables turnover, compared 2018, when the turnover was 9.6 ? Complete this question by entering your answers in the tabs below. Determine the receivables turnover ratio and days to collect for 2019. (Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 1 decimal place.)

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