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Help Save & Exit 4 Western Windows constructs and installs windows for new homes. The sales staff are having a meeting and reviewing the following
Help Save & Exit 4 Western Windows constructs and installs windows for new homes. The sales staff are having a meeting and reviewing the following information to determine how to help reduce days' sales uncollected Accounts receivable Net sales 2020 2019 2018 $ 622,750 $ 440,750 $ 380, eee 6,600,000 5,730,000 4,950,000 Required: a. Calculate the days' sales uncollected for 2018 to 2020 and identify whether the trend is favourable or unfavourable. (Round the final answer to 2 decimal places. Do not round intermediate calculation. Use 365 days a year.) Print 2015 2017 days 2016 days Days' sales uncollected days b. What can a salesperson do to improve days' sales uncollected? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) Punt Decreasing the ratio of sales by encouraging more cash sales. 2 Increasing the ratio of sales by encouraging more cash sales ? Applying stricter credit policies to eliminate credit sales to customers that never pay. 2 Applying lenient credit policies to eliminate credit sales to customers that never pay. Identifying customers most delayed in their payments and encouraging earlier plyments or cash sales. Drev 4 of 8 Next >
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