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The following information is available from the annual reports of Vaughn Manufacturing and Bramble Corp. Companies....

The following information is available from the annual reports of Vaughn Manufacturing and Bramble Corp. Companies. (In millions) Vaughn Manufacturing Bramble Corp. Sales $128,000 $37,100 Beginning receivables, net 21,400 3,700 Ending receivables, net 16,900 4,600 Based on the preceding information, compute the following for each company: (Round answers to 1 decimal place, e.g. 15.2. Use 365 days for calculation.) 1. Accounts receivable turnover. (Assume all sales were credit sales.) 2. Average collection period. Vaughn Manufacturing Bramble Corp. 1. Accounts receivable turnover Enter the accounts receivable turnover in times times Enter the accounts receivable turnover in times times 2. Average collection period Enter the average collection period in days days Enter the average collection period in days daysv

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