Makay Products Co. is a major consumer goods company that sells over 3,000 products in 135 countries. The company’s annual report to the Securities and Exchange Commission presented the following data (in thousands) pertaining to net sales and accounts related to accounts receivable for 2008, 2009, and 2010. 

1. Compute the ratio of uncollectible accounts expense to net sales and to accounts receivable, and the ratio of allowance for uncollectible accounts to accounts receivable for 2008, 2009, and 2010. 

2. Compute the receivable turnover and days’ sales uncollected for each year, assuming 2007 net accounts receivable were $930,000,000. 

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2008 2010 2009 $9,888,000 1,008,000 Net sales Accounts receivable Allowance for uncollectible accounts Uncollectible accounts expense Uncollectible accounts written off Recoveries of accounts previously written off $9,730,000 1,048,000 $9,820,000 37,200 42,400 33,400 40,200 49,000 30,000 31,600 35,400 2,000 3,400 200