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Key comparative figures for Apple and Google follow. Apple $ millions Current Year Accounts receivable. Net sales. $ 22,926 260,174 Prior Year $23,186 265,595
Key comparative figures for Apple and Google follow. Apple $ millions Current Year Accounts receivable. Net sales. $ 22,926 260,174 Prior Year $23,186 265,595 Google Current Year $25,326 161,857 Prior Year $ 20,838 136,819 Required: 1. Compute days' sales uncollected for the current year and the prior year for (a) Apple and (b) Google, 2. Which company had more success collecting receivables?
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Accounting Principles Volume 1
Authors: Jerry A. Weygandt, Paul D. Kimmel, Donald E. Kieso
11th Edition
1118751752, 978-1118751756
