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The following information is available for Market, Incorporated and Supply, Incorporated at December 3 1 . Accounts Market, Incorporated Supply, Incorporated Accounts receivable $ 5

The following information is available for Market, Incorporated and Supply, Incorporated at December 31.
Accounts Market, Incorporated Supply, Incorporated
Accounts receivable $59,800 $79,000
Allowance for doubtful accounts 3,2482,856
Sales revenue 626,960917,100
Required
What is the accounts receivable turnover for each of the companies?
What is the average days to collect the receivables?
Assuming both companies use the percent of receivables allowance method, what is the estimated percentage of uncollectible accounts for each company?

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