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Exercise 8-15 Liquid assets and accounts receivable LO A1 Barga Co.'s net sales for Year 1 and Year 2 are $666,000 and $744,000, respectively. Its
Exercise 8-15 Liquid assets and accounts receivable LO A1 Barga Co.'s net sales for Year 1 and Year 2 are $666,000 and $744,000, respectively. Its year-end balances of accounts receivable follow. Year 1. $61,000; and Year 2, 593,000. 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.) Choose Numerator: 1 Days' Sales Uncollected Choose Denominator: x Days = 1 Days' Sales Uncollected Days' sales uncollected days Year 1 = 1: Year 2: / = days
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