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The following information was taken from the December 31, 2020, annual report of WestCon Developments. Net sales Accounts receivable (5 millions) 2020 2019 $5, 336
The following information was taken from the December 31, 2020, annual report of WestCon Developments. Net sales Accounts receivable (5 millions) 2020 2019 $5, 336 $7,180 592 483) Accounts receivable turnover Days' sales uncollected Industry Average) 16.3 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.) Check my w
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