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The following information is available for Market, Inc. and Supply, Inc. at December 31: Accounts Market, Inc. Supply, Inc. Accounts receivable $ 58,600 $ 77,800

The following information is available for Market, Inc. and Supply, Inc. at December 31:

Accounts Market, Inc. Supply, Inc.
Accounts receivable $ 58,600 $ 77,800
Allowance for doubtful accounts 3,248 2,756
Sales revenue 626,960 887,100

Required a. What is the accounts receivable turnover for each of the companies? b. What is the average days to collect the receivables? c. Assuming both companies use the percent of receivables allowance method, what is the estimated percentage of uncollectible accounts for each company?

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Accounts receivable Allowance for doubtful accounts Sales revenue $ 58,600 3,248 626,960 S Required a. What is the accounts receivable turnover for each of the cc b. What is the average days to collect the receivables? c. Assuming both companies use the percent of receivables a accounts for each company? Complete this question by entering your answers in the Required A Required B Required C What is the accounts receivable turnover for each of the compar Company Accounts Receivable Turnover times Market Supply times

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