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1 Save Awar Sar company wants to maintain control over accounts receivable, Sar company understands that days' sales in receivables (accounts receivable turnover in disys)

image text in transcribedimage text in transcribed 1 Save Awar Sar company wants to maintain control over accounts receivable, Sar company understands that days' sales in receivables (accounts receivable turnover in disys) and accounts receivable turnover will give a good indication of how well receivables are being managed Sar company provided the following pertinent datas For Year Ended Dec 31, 2014 $800,000 Required: Net sales Receivables less allowance for doubtful accounts Beginning of period (allowance January 1 $3.000 August 1.$4,000) End of period (allowance December 31, $3,500, July 31, $4,100) 50,000 55,400 Compute the days' sales in receivables for December 31, 2014, based on the above data (SHOW COMPUTATION) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac BIVS Paragraph Arial 14p AIXQ E Remaining Time: 1 hour, 39 minutes, 00 seconds. Question Completion Status: Moving to another question will save this response. Qon of 54M Question 1 Sar company wants to maintain control over accounts receivable Sar company understands that days' sales in receivables (accounts receivable turnover in day and accounts receivable turnover will give a good indication of how well receivables are being managed. Sar company provided the following pertinent data Required: Not sales Receivables less allowance for doubtful accounts Beginning of period (allowance January 1.$3,000 August 1.$4,000) End of period (allowance December 31, $3,500, July 31, $4,100) For Year Ended Dec 31, 2014 $800.000 50.000 55 400 Compute the days' sales in receivables for December 31, 2014, based on the above data (SHOW COMPUTATION) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac BIVS Paragraph Arial 14p DELL Ix0

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