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Barga Company's net sales for Year 1 and Year 2 are $664,000 and $741,000, 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 $664,000 and $741,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $62,000; and Year 2, $91,000. Complete the below table to calculate the days' sales uncollected at the end of each year. Did days sales uncollected improve or worsen in Year 2 versus Year 1
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Financial Accounting Reporting And Analysis
Authors: Jennifer Maynard
2nd Edition
0198745311, 9780198745310
