Microsoft Corporation reported the following information in its financial statements for three successive quarters during the 2009 fiscal year ($ in millions):
![1661_254-B-A-C-R (1608).png](https://secure.tutorsglobe.com/CMSImages/1661_254-B-A-C-R (1608).png)
Required:
Compute the receivables turnover ratio and the average collection period for the second and third quarters. Assume that each quarter consists of 91 days.