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The Second Cup is a Canadian specialty coffee retailer with over 200 cafs that serve the needs of thousands of guests daily. Its annual reports

image text in transcribedimage text in transcribed The Second Cup is a Canadian specialty coffee retailer with over 200 cafs that serve the needs of thousands of guests daily. Its annual reports include the following details (in thousands of Canadian dollars): Required: 1-a. Determine the receivables turnover ratio for 2014-2019. (Do not round intermediate calculations. Round the final answers to 2 decimal places.) 1-b. Determine the average collection period for 2014-2019. (Use 365 days a year. Round the intermediate calculations to 2 decimal places and the final answers to the nearest whole number.) 1-b. Determine the average collection period for 2014-2019. (Use 365 days a year. Round the intermediate calculations to 2 decimal places and the final answers to the nearest whole number.)

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