The financial data for Michaels Foods Inc. and Sunshine Enterprises Ltd for the current year are as follows (amounts in thousands) Accounts Recevable Jan 1 Accounts Receivable Dec. 31 Annual Sales Michaels Foods $56,170 $5.990 $7,590 Surishine Enterprises 29,790 1690 2230 Part 1 Calculate the accounts receivable turnover for each company assuming that all sales are on account (Round answers to 1 decimal place, e.g. 18.40) er of day Michaels Foods Sunshine Enterprises times times Michae Accounts receivable turnover Part 2 Calculate the average number of days required by each company to collect its receivables (Round answers to 1 decimal place, e.g. 18.4.) Michaels Foods Sunshine Enterprises Days to Collect days days eTextbook and Media art Save for Later Attempts: 0 of 3 used Submit