Question: Exercise 6-16 (Static) Computing and analyzing days' sales uncollected LO A1 Barga Company's net sales for Year 1 and Year 2 are $730,000 and $1,095,000,
Exercise 6-16 (Static) Computing and analyzing days' sales uncollected LO A1
Barga Company's net sales for Year 1 and Year 2 are $730,000 and $1,095,000, respectively. Its year-end balances of accounts receivable follow: Year 1, $65,000; and Year 2, $123,000.
- Complete the below table to calculate the days' sales uncollected at the end of each year.
- Did days sales uncollected improve or worsen in Year 2 versus Year 1?
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