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2. In April, Alexander Inc. had $3,875 million in sales and $990 million in accounts receivable....

2. In April, Alexander Inc. had $3,875 million in sales and $990 million in accounts receivable. For the same period, Mattel had $4,595 million in sales and $834 million in accounts receivable. Calculate the days' sales uncollected for both companies. (a) Which company appears to be doing a better job in managing collection of its receivables (all other things assumed to be equal)? (b) Explain and Jutify your answers with the calculation of at least two relevant ratios you have learnt in the course.

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