Question
Key comparative figures for Apple and Google follow. $ millions Apple Google Current Year Prior Year Current Year Prior Year Accounts receivable $ 23,186 $
Key comparative figures for Apple and Google follow. $ millions Apple Google Current Year Prior Year Current Year Prior Year Accounts receivable $ 23,186 $ 17,874 $ 20,838 $ 18,336 Net sales 265,595 229,234 136,819 110,855 Required: Compute days sales uncollected for the current year and the prior year for (a) Apple and (b) Google. Which company had more success collecting receivables?
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Financial Accounting An International Introduction
Authors: David Alexander
7th Edition
129229583X, 978-1292295831
