Problem 5-9A Calculate and analyze ratios (LO5-8) Assume selected financial data for Walmart and Target, two close competitors in the retail industry, are as follows: ($ in millions). Walmart Target Net Sales $464,854 80,016 Beginning Accounts Receivable Ending Accounts $6,114 6,678 Receivable $6,987 6,452 Required: 1-a. Calculate the receivables turnover ratio and average collection period for Walmart and Target. (Enter your answers in millions. Do not round your intermediate calculations and round your answers to 1 decimal place.) Receivables Turnover Ratio Walmart Target Receivables Turnover Ratio times times Average Collection Period Average Collection Period Walmart Target days days 1-b. Which company maintains a higher receivables turnover? O Walmart O Target