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Barga Company's net sales for Year 1 and Year 2 are $669,000 and $744,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $64,000;
Barga Company's net sales for Year 1 and Year 2 are $669,000 and $744,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $64,000; and Year 2, $90,000. 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?
Barga Company's net sales for Year 1 and Year 2 are $669,000 and $744,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $64,000; and Year 2, $90,000. 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. 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. Barga Company's net sales for Year 1 and Year 2 are $669,000 and $744,000, respectively. Its year-end balances of accounts receivable follow: Year 1,$64,000; and Year 2, $90,000. 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. 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 1Step by Step Solution
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