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The following information was taken from the December 31, 2020, annual report of West Con Developments. Net sales Accounts receivable ($ millions) 2020 2019 $
The following information was taken from the December 31, 2020, annual report of West Con Developments. Net sales Accounts receivable ($ millions) 2020 2019 $ 7,220 $5,366 596 487 Accounts receivable turnover Days' sales uncollected Industry Average 16.5 20.0 Required: 1. Calculate accounts receivable turnover and days' sales uncollected for the year 2020. (Assume 365 days in a year. Round your answers to 2 decimal places.) times Accounts receivable turnover Days' sales uncollected days 3 of 6 BAR Next >
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