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The following information was taken from the December 31, 2020, annual report of West Con Developments. ($ millions) 2020 2019 $ 7,360 $5,470 Net sales
The following information was taken from the December 31, 2020, annual report of West Con Developments. ($ millions) 2020 2019 $ 7,360 $5,470 Net sales Accounts receivable 606 494 d Accounts receivable turnover Days' sales uncollected Industry Average 16.6 21.0 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
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