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a) Hasbro had $2,816 million in sales and $555 million in ending accounts receivable for the current period. For the same period, Mattel reported $4,885
a) Hasbro had $2,816 million in sales and $555 million in ending accounts receivable for the current period. For the same period, Mattel reported $4,885 million in sales and $491 million in ending accounts receivable. Calculate the days' sales uncollected for both companies as of the end of the current period. Which company is doing a better job in managing the collection of its receivables?
b) If a 90-day note receivable is dated June 12, what is the maturity date of the note?
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