Ahmed Company would like to compare its days' sales in receivables with that of a competitor, Khalid Company. Both companies have had similar sales results in the past, but Khalid Company has had better profit results Ahmed Company suspects th reason for the better profit results is that Khalid Company did a better job of managing receivables, Ahmed Company uses a calendar year that ends on December 31, while Khalid Company uses a fiscal year that ends on July 31 Information related t and receivables of the two companies follows: For Year Ended December 31, 20XX Ahmed Company Net sales Receivables, less allowance for doubtful $3,780,000 253,000 accounts of $16,000 For Year Ended July 31,