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The following information was taken from the 2019 financial statements of Taveris Ltd Cell referencing REQUIRED 154.0 $99.0 $627.2 Use proper cell reference formulas to the red bold data cells for each of the value entry cells Required (a) Calculate the receivables turnover and average collection period for 2019 and 2018 for the entity, assuming all sales are on credt Receivables turnover (times Iyear) Average collection period (days) b) Calculate the credit risk ratio for the entity for 2019 and 2018 2018 Credit risk ratio (%) (c) Comment on the entity's credit and collection policies. Type your answver here The following information was taken from the 2019 financial statements of Taveris Ltd Cell referencing REQUIRED 154.0 $99.0 $627.2 Use proper cell reference formulas to the red bold data cells for each of the value entry cells Required (a) Calculate the receivables turnover and average collection period for 2019 and 2018 for the entity, assuming all sales are on credt Receivables turnover (times Iyear) Average collection period (days) b) Calculate the credit risk ratio for the entity for 2019 and 2018 2018 Credit risk ratio (%) (c) Comment on the entity's credit and collection policies. Type your answver here