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Discover reported $695,562 in net sales and $60,979 in accounts receivable for the current period. For the same period, Viza reported $557,844 in net sales
Discover reported $695,562 in net sales and $60,979 in accounts receivable for the current period. For the same period, Viza reported $557,844 in net sales and $46,487 in accounts receivable. Calculate the days' sales uncollected for both companies and indicate which company is doing a better job in managing the collection of its receivables. 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
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