Presented here is selected financial information (in millions of dollars) from the 2017 financial statements of Canadian National Railway Company and Canadian Pacific Railway Limited: CN Railway CP Railway Sales $13,041 $6,554 Allowance for doubtful accounts, beginning of year 28 32 Allowance for doubtful accounts, end of year 16 25 Accounts receivable balance (net), beginning of year 875 591 Accounts receivable balance (net), end of year 984 687 Calculate the receivables turnover and average collection period for both companies. (Round times to 1 decimal place, e.g. 52.7 and all other answers to 0 decimal places, e.g. 52.) CN Railway CP Railway Receivables turnover times times Average collection period days days e Textbook and Media Comment on the difference in their collection experiences. was more efficient than in collecting its receivables