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The following information is available for Market, Inc. and Supply, Inc at December Supply, Inc. $ 77,800 Accounts Accounts receivable Allowance for doubtful accounts Sales

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The following information is available for Market, Inc. and Supply, Inc at December Supply, Inc. $ 77,800 Accounts Accounts receivable Allowance for doubtful accounts Sales revenue Market, Inc. $ 59,800 3,248 636,960 2,556 887 en Required a. What is the accounts receivable turnover for each of the companies? b. What is the average days to collect the receivables? C. Assuming both companies use the percent of receivables allowance method, uncollectible accounts for each company? the estimated percentage of Complete this question by entering your answers in the tabs below. Required A Required B Required What is the accounts receivable turnover for each of the companies? (Round your answers to 1 decimal place.) Company Accounts Receivable company Turnover Market timos Supply times Check my world Allowance tor doubtrul accounts Sales revenue 636.968 887,100 Required a. What is the accounts receivable turnover for each of the companies? b. What is the average days to collect the receivables? c. Assuming both companies use the percent of receivables allowance method, what is the estimated percentage of uncollectible accounts for each company? Complete this question by entering your answers in the tabs below. Required A Required B Required What is the average days to collect the receivables? (Use 365 days in a year. Do not round intermediate calculations. Round your answers to the nearest whole number) Company Average Collection Market Supply Allowance for doubtful accounts Sales revenue 3,248 636,960 887,100 Required a. What is the accounts receivable turnover for each of the companies? b. What is the average days to collect the receivables? C. Assuming both companies use the percent of receivables allowance method, what is the estimated percentage of uncollectible accounts for each company? Complete this question by entering your answers in the tabs below. Required A Required B Required Assuming both companies use the percent of receivables allowance method, what is the estimated percentage of uncollectible accounts for each company? (Round your percentage answers to nearest whole number.) Estimated Percentage of Company Uncollectible Accounts Market Supply

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