The following information is available for Bradford Inc. and Windsor Inc. at December 31: Required a. What

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The following information is available for Bradford Inc. and Windsor Inc. at December 31:

Accounts Windsor Bradford Accounts Receivable Allowance for Doubtful Accounts Sales Revenue $ 220,200 $ 92,500 3,250 1,9


Required
a. What is the accounts receivable turnover for each of the companies?
b. What is the average days to collect the receivables?
c. Assuming both companies use the percent of receivables allowance method, what is the estimated percentage of uncollectible accounts for each company?

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Introductory Financial Accounting for Business

ISBN: 978-1260299441

1st edition

Authors: Thomas Edmonds, Christopher Edmonds

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