the following information is available for market, incorporated and supply, incorporated at december 31: accountsmarket, incorporatedsupply, incorporated accounts receivable$ 58,000$ 80,200 allowance for doubtful accounts2,3482,456 sales revenue656,960877,100 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?
