Question
Barga Company's net sales for Year 1 and Year 2 are $666,000 and $748,000, respectively. Its year-end balances of accounts receivable follow: Year 1,
Barga Company's net sales for Year 1 and Year 2 are $666,000 and $748,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $55,000; and Year 2, $89,000. 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?
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