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The following annual account balances are from Armour Sports at December 31. Year 2 Year 1 Accounts receivable $ 10,753 $ 53,735 Net sales 143,015
The following annual account balances are from Armour Sports at December 31. Year 2 Year 1 Accounts receivable $ 10,753 $ 53,735 Net sales 143,015 624,463 a. Complete the below table to calculate the number of days sales uncollected for the Year 1 and Year 2. (Do not round intermediate calculations. Round your "Days' Sales Uncollected" to 1 decimal place.) b. Is the companys collection of receivables improving? multiple choice
a. Complete the below table to calculate the number of days' sales uncollected for the Year 1 and Year 2 . (Do not round intermediate calculations. Round your "Days' Sales Uncollected" to 1 decimal place.) b. Is the company's collection of receivables improving? Yes NoStep by Step Solution
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