Key comparative figures for Apple and Google follow. Required 1. Compute days sales uncollected (rounded to one
Question:
Key comparative figures for Apple and Google follow.
Required
1. Compute days’ sales uncollected (rounded to one decimal) for the current year and the prior year for
(a) Apple
(b) Google.
2. Which company had more success collecting receivables?
Transcribed Image Text:
Apple Google $ millions Current Year Prior Year Current Year Prior Year Accounts receivable ... $ 22,926 $ 23,186 $ 25,326 $ 20,838 Net sales ... 260,174 265,595 161,857 136,819
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