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Real World Financials ABC Corporation reported the following Information In Its financial statements for three successive quarters ($ In millions): Three Months Ended 9/30/2017 6/30/2017 3/31/2017 (01) (04) (Q3) $16,561 $19,820 $12,910 Balance sheets: Accounts receivable, net Income statements: Sales revenue $24,560 $23,342 $22,140 Required: Compute the receivables turnover ratio and the average collection period for Q1 and Q4. Assume that each quarter consists of 91 days. (Round average accounts recevable answers to nearest whole dollar. Enter your answers in millions. Round "Turnover ratlo" answers to 3 decimal places.) Receivables Turnover Ratio 1 Choose Denominator: Choose Numerator: = Receivables Turnover Ratio = Receivables turnover ratio times times Choose Numerator: Average collection period Choose Denominator: = Average collection period = Average collection period days days