Key comparative figures for Research In Motion and Apple follow. Required Compute days sales uncollected for these

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Key comparative figures for Research In Motion and Apple follow.

Required
Compute daysâ€™ sales uncollected for these companies for each of the two years shown. Comment on any trends for the companies. Which company has the largest percent change in daysâ€™ salesuncollected?

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Dec 27, 2012 12:09 AM

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Key comparative figures for Research In Motion and Apple follow. Required Compute days sales uncollected for these

Question:

Research In Motion Apple Current Prior Current Prior ($ millions) Accounts receivable Net sales.. ...$ 2,594 2,112 3,36 2.422 14.953 065 42.905 37.491

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Research In Motions days sales uncollected has decreased by 635 days The percent decrease i...View the full answer

Fundamental Accounting Principles

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