Principles of Financial Accounting.
Principles of Financial Accounting.
24th Edition
ISBN: 9781260158601
Author: Wild
Publisher: MCG
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Chapter 8, Problem 15E

a)

To determine

To determine the change in the number of days sales uncollected between year 1 and year 2.

b)

To determine

To determine if the company’s collection of receivables improving or not.

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Accounts Receivable and Accounts Payable; Author: The Finance Storyteller;https://www.youtube.com/watch?v=x_aUWbQa878;License: Standard Youtube License