Business, 08.10.2020 19:01 ericamoody14

Assume selected financial data for Sun Health Group and Select Medical Corporation, two companies in the health-care industry, are as follows: ($ in millions) Net Sales Beginning Accounts Receivable Ending Accounts Receivable Sun Health $ 3,630 $ 300 $ 287 Select Medical 3,940 499 438 Required: 1-a. Calculate the receivables turnover ratio and average collection period for Sun Health and Select Medical. (Round Average accounts receivable to 1 decimal place. Enter your answers in millions.)

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Assume selected financial data for Sun Health Group and Select Medical Corporation, two companies in...

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