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Discover reported $624,463 in net sales and $53,735 in accounts receivable for the current period. For the same period, Viza reported $143,015 in net sales
Discover reported $624,463 in net sales and $53,735 in accounts receivable for the current period. For the same period, Viza reported $143,015 in net sales and $10,753 in accounts recelvable. Calculate the days' sales uncollected for both companies and indicate which company is doing a better job in managing the collection of its recelvables. Note: Do not round intermediate calculations, Round your "Days' Sales Uncollected" to 1 decimal place. Complete this question by entering your answers in the tabs below. Calculate the days' sales uncollected for both companies. Indicate which company is doing a better job in managing the collection of its receivables
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