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Shiplt Corporation reported the following rounded amounts (in millions): Accounts Receivable 2016 $ 5,495 (335) Allowance for Doubtful Accounts Accounts Receivable, Net of Allowance

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Shiplt Corporation reported the following rounded amounts (in millions): Accounts Receivable 2016 $ 5,495 (335) Allowance for Doubtful Accounts Accounts Receivable, Net of Allowance Net Sales (assume all on credit) $ 5,160 $42,000 Required: 2015 $ 5,200 (340) $ 4,860 $40,500 1. Determine the receivables turnover ratio and days to collect for 2016. (Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 1 decimal place.) Receivables Turnover Ratio Days to Collect times days

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