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Exercise 6-12 Liquid assets and accounts receivable LO A1 Barga Co. reported net sales for 2016 and 2017 of $730,000 and $1,095,000, respectively. Its
Exercise 6-12 Liquid assets and accounts receivable LO A1 Barga Co. reported net sales for 2016 and 2017 of $730,000 and $1,095,000, respectively. Its year-end balances of accounts receivable follow: December 31, 2016, $65,000; and December 31, 2017, $123,000. a. Complete the below table to calculate the days' sales uncollected at the end of each year. (Round your "Days' Sales Uncollected" answer to 1 decimal place.) Days' Sales Uncollected 2016: 2017: Choose Numerator: Choose Denominator: x Days 1 x x x = Days' Sales Uncollected Days' sales uncollected days days
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