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Mathis and Hashey are two of the largest and most successful toymakers in the world, in terms of the products they sell and their receivables management practices. To evaluate their ability to collect on credit sales, consider the following information reported in their annual reports (amounts in millions).

	Mathis										Hashey
Fiscal Year Ended:	2015			2014			2013				2015			2014			2013
Net Sales	$	4,856		$	4,231		$	4,918			$	3,002		$	2,868		$	3,022
Accounts Receivable		1,118			724			850				942			1,022			594
Allowance for Doubtful Accounts		17			20			21				26			28			27
Accounts Receivable, Net of Allowance		1,101			704			829				916			994			567

Required:

1. Calculate the receivables turnover ratios and days to collect for Mathis and Hashey for 2015 and 2014. TIP: In your calculations, use average Accounts Receivable, Net of Allowance. (Use 365 days in a year. Do not round intermediate calculations on Accounts Receivable Turnover Ratio. Round your final answers to 1 decimal place. Use final rounded answers from Accounts Receivable Turnover Ratio for Days to Collect ratio calculation.)

	2015 2014 Mathis Hashey Mathis Hashey Receivables Turnover Ratio Days to Collect

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