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The following annual account balances are from Armour Sports at December 31. Year 2 Year 1 Accounts receivable $ 41,028 $ 34,850 Net sales 455,411
The following annual account balances are from Armour Sports at December 31. Year 2 Year 1 Accounts receivable $ 41,028 $ 34,850 Net sales 455,411 362,239 Complete the below table to calculate the number of days sales uncollected for the Year 1 and Year 2. Note: Do not round intermediate calculations. Round your "Days' Sales Uncollected" to 1 decimal place
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Integrated Audit Practice Case
Authors: David S. Kerr, Randal J. Elder, Alvin A. Arens
7th Edition
0912503688, 978-0912503684
