Key comparative figures for Polaris and Arctic Cat follow. Required Compute days sales uncollected (rounded to two
Question:
Key comparative figures for Polaris and Arctic Cat follow.
Required
Compute days’ sales uncollected (rounded to two decimals) for these companies for each of the two years shown. Comment on any trends for the companies. Which company has the largest percent change (rounded to two decimals) in days’ salesuncollected?
Transcribed Image Text:
Polaris Arctic Cat Current Year Prior Year Current Year Prior Year ($ thousands) Accounts receivable . 115.302 89.294 23.732 $ 29.227 Net sales.. 2,656.949 99,39 363.015 350,87
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Polaris thousands Current Year 115302 2656949 x 365 1584 days Prior Year 89294 1991139 ...View the full answer
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Related Book For
Fundamental accounting principle
ISBN: 978-0078025587
21st edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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