Question: The following annual account balances are taken from Armour Sports

The following annual account balances are taken from Armour Sports at December 31.
What is the change in the number of days’ sales uncollected between years 2014 and 2015? (Round the number of days to one decimal.) According to this analysis, is the company’s collection of receivables improving? Explain.

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  • CreatedApril 23, 2015
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