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ShipIt Corporation reported the following rounded amounts ( in millions ) : 2 0 1 6 2 0 1 5 Accounts Receivable $ 5 ,

ShipIt Corporation reported the following rounded amounts (in millions):
20162015
Accounts Receivable $ 5,315 $ 5,020
Allowance for Doubtful Accounts (245)(250)
Accounts Receivable, Net of Allowance $ 5,070 $ 4,770
Net Sales (assume all on credit) $ 47,500 $ 46,200
Required:
Determine the receivables turnover ratio and days to collect for 2016.

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