The following information is available for Market, Inc. and Supply, Inc. at December 31: Accounts Accounts receivable Market, Inc.. $ 57,400 Supply, Inc. $ 79,000 Allowance for doubtful accounts Sales revenue 2,348 636,960 2,956 877,100 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 uncollect accounts for each company? Complete this question by entering your answers in the tabs below. Required A Required B Required C What is the accounts receivable turnover for each of the companies? (Round your answers to 1 decimal place.) Accounts Receivable Company Market Supply Turnover times times The following information is available for Market, Inc. and Supply, Inc. at December 31: Accounts Accounts receivable Market, Inc. $ 57,400 Supply, Inc.. $ 79,000 Allowance for doubtful accounts Sales revenue 2,348 636,960 2,956 877,100 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 C 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 Market Supply Average Collection Period days days The following information is available for Market, Inc. and Supply, Inc. at December 31: Accounts Market, Inc. Accounts receivable. $ 57,400 Supply, Inc. $ 79,000 Allowance for doubtful accounts Sales revenue 2,348 636,960 2,956 877,100 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 C 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 % % < Prev 6 of 6 Next >