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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)
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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