Chapter 8, Problem 9BTN

To determine

Concept Introduction:

Days' Sales Uncollected - Days' sales uncollected are also called average collection period or days' sales in receivables. It is the ratio that measures how long it will take for the customers to pay their credit balances or the average number of days that a business will take to collect its trade receivables.

Requirement 1

To Determine: The percentage of cash in respect to Total Current Assets, Total Current Liabilities, Total Shareholders’ Equity, Total Assets.

To determine

Requirement 2

To Determine: The percentage change in cash.

To determine

Requirement 3

To Determine: Days' Sales Uncollected.