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Exercise 7-16B Accounts receable turnover and average days to collect accounts recenvable The following information is available for Bradford Inc. and Windsor Inc. at December

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Exercise 7-16B Accounts receable turnover and average days to collect accounts recenvable The following information is available for Bradford Inc. and Windsor Inc. at December 31: Required a. What is the accounts receivable turnover for each of the companies? b. What is the average days to collect the receivables? c. Assuming both companies use the percent of receivables allowance method, what is the estimated percentage of uncollectible accounts for each company? EXERCISE 7-16B a. Accounts Receivable Turnover: Calculate net accounts receivables: Bradford: Windsor: b. Average Days to Collect Accounts Receivable: c. Est. % of uncollectible accts.: Bradford: Windsor

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