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QS 6-14 (Algo) Days' sales uncollected LO A1 The following annual account balances are from Armour Sports at December 31. Accounts receivable Net sales Year
QS 6-14 (Algo) Days' sales uncollected LO A1 The following annual account balances are from Armour Sports at December 31. Accounts receivable Net sales Year 2 Year 1 $ 11,958 $ 43,738 154,258 524,748 Complete the below table to calculate the number of days' sales uncollected for the years Year 1 and Year 2. (Do not round intermediate calculations. Round your "Days' Sales Uncollected" to 1 decimal place.) Days' Sales Uncollected Choose Denominator: Choose Numerator: Days 1 1 1 II Days' Sales Uncollected Days' sales uncollected days days = Year 2: Year 1: 1 Is the company's collection of receivables improving? Yes O No
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