Barga Co.'s net sales for Year 1 and Year 2 are $665,000 and $749,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $61,000; and Year 2, $97,000. 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 Days' Sales Uncollected %3D Days' sales uncollected %3D days days Year 1: %3D Year 2: %3D
Barga Co.'s net sales for Year 1 and Year 2 are $665,000 and $749,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $61,000; and Year 2, $97,000. 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 Days' Sales Uncollected %3D Days' sales uncollected %3D days days Year 1: %3D Year 2: %3D
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Barga Co.'s net sales for Year 1 and Year 2 are $665,000 and $749,000, respectively. Its year-end balances of accounts receivable
follow: Year 1, $61,000; and Year 2, $97,000.
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
Days' Sales Uncollected
%3D
Days' sales uncollected
%3D
Year 1:
days
%3D
Year 2:
days
%3D
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