Question

The following information is available for Bergstrom Inc. and Sineann Inc. at December 31, 2016:
Required
a. What is the accounts receivable turnover for each of the companies for 2016?
b. What are the average days to collect the receivables for 2016?
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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  • CreatedApril 20, 2015
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