Key comparative figures for Best Buy and RadioShack follow. Required Compute days sales uncollected for these companies

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Key comparative figures for Best Buy and RadioShack follow.

Required
Compute days’ sales uncollected for these companies for each of the two years shown. Comment on any trends for the companies. Which company has the largest percent change in days’ sales uncollected?

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Financial Accounting with IFRS Fold Out Primer

ISBN: 978-0077413804

5th edition

Authors: John Wild

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Question Posted: Mar 18, 2015 10:40 AM

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Key comparative figures for Best Buy and RadioShack follow. Required Compute days sales uncollected for these companies

Question:

Best Bury RadloShack ($ milions) Current Prior Current Prior Year Year Year Year Accounts receivable . Net sales ...$ 1868 549 241.9 256.0 45,015 40,023 4,224.5 4,25.7

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Best Buys days sales uncollected has increased by 1014 days The percent incre...View the full answer

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