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The following companies are competitors in the same industry and have many of the same suppliers. Accounts Payable Cost of Goods Sold Vizio $11,222 564,000
The following companies are competitors in the same industry and have many of the same suppliers. Accounts Payable Cost of Goods Sold Vizio $11,222 564,000 Panasonic 13,414 72,000 TCL 11,847 56,000 (a) Calculate days' payable outstanding for each of the following companies. (b) Assuming each company has positive relations with its suppliers, which company has negotiated the best credit terms? Complete this questions by entering your answers in the below tabs. Required Required Calculate days payable outstanding for each of the following companies. (Round your final answers to 1 decimal place) Days' payable outstanding Vario Panasonic TEL Required> Barga Co's net sales for Year 1 and Year 2 are $665,000 and $745,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $57.000; and Year 2. $94.000. a. Complete the below table to calculate the days sales uncollected at the end of each year, (Round your "Days' Sales Uncollected" answer to 1 decimal place.) Days' Sales Uncollected Choose Numerator: Choose Denominator: * Days Year 1: Year 2: Days' Sales Uncollected Days' sales uncollected days days 1 X 1 X
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