The following information is available for Market, Inc. and Supply, Inc. at December 31: Accounts Market, Inc. Supply, Inc. Accounts receivable $ 58,600 $ 77,800 Allowance for doubtful accounts 2,948 2,556 Sales revenue 656,960 877,100 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?

Homework 7 di Saved Help Save & Exit Submit The following information is available for Market, Inc. and Supply, Inc. at December 31: 2 Accounts Accounts receivable Allowance for doubtful accounts Sales revenue Market, Inc. $ 58,600 2,948 656,960 Supply, Inc. $ 77,800 2,556 877,100 2.5 points eBook 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? Print References 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.) Company Accounts Receivable Turnover times Market Supply times Mc Graw Hill