Xavier Stores Company and Lestrade Stores Inc. are large retail department stores. Both companies offer credit to their customers through their own credit card operations. Information from the financial statements for both companies for two recent years is as follows (in millions): Sales Credit card receivables-beginning Credit card receviables-ending Xavier Lestrade $8,500,000 $4,585,000 820,000 880,000 600,000 710,000 a. Determine the (1) accounts receivable turnover and (2) the number of days' sales in receivables for both companies. Round your calculations and answers to one decimal place. Assume 365 days a year. 1. Accounts receivable turnover Xavier Lestrade 2. Number of days' sales in receivables b. Xavier's accounts receivable turnover is much in receivables is for Xavier than for Lestrade. These differences indicate that Xavier is able to days days than Lestrade's. The number of days' sales turn over its receivables quickly than Lestrade. As a result, it takes Xavier time to collect its receivables.