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Barga Company's net sales for Year 1 and Year 2 are $667,000 and $740,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $62,000;
Barga Company's net sales for Year 1 and Year 2 are $667,000 and $740,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $62,000; and Year 2, $88,000. a. Complete the below table to calculate the days' sales uncollected at the end of each year. b. Did days' sales uncollected improve or worsen in Year 2 versus Year 1? Complete this question by entering your answers in the tabs below. Required A Required B Did days' sales uncollected improve or worsen in Year 2 versus Year 1? Did days' sales uncollected improve or worsen in Year 2 versus Year 1? < Required A Requ Improve Worsen Barga Company's net sales for Year 1 and Year 2 are $667,000 and $740,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $62,000; and Year 2, $88,000. a. Complete the below table to calculate the days' sales uncollected at the end of each year. b. Did days' sales uncollected improve or worsen in Year 2 versus Year 1? Complete this question by entering your answers in the tabs below. Required A Required B Complete the below table to calculate the days' sales uncollected at the end of each year. Note: Do not round intermediate calculations. Round your "Days' Sales Uncollected" answers to 1 decimal place. Choose Numerator: Days' Sales Uncollected Choose Denominator: X Days Days' Sales Uncollected X = Days' sales uncollected X = days X days Year 1: Year 2: Accounts receivable Required A Cost of goods sold Current assets Current liabilities Required B > Accounts receivable, het Average accounts receivable, net Cost of goods sold Current assets Current liabilities Net sales
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