The following information was taken from the December 31, 2014, annual report of WestCon Developments. Required 1.
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Required
1. Calculate accounts receivable turnover and days' sales uncollected for the year 2014.
2. Compare your calculations in (1) to the industry average and comment on WestCon's relative performance as F (Favourable) or U (Unfavourable).
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Part 1 Part 2 Westcon is not collecting its receivables as quickl...View the full answer
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Related Book For 
Fundamental Accounting Principles
ISBN: 978-0071051507
Volume I, 14th Canadian Edition
Authors: Larson Kermit, Tilly Jensen
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