Question: Save & Exit Subr Discover reported $ 6 5 5 , 3 3 5 in net sales and $ 3 5 , 9 7 8
Save & Exit
Subr
Discover reported $ in net sales and $ in accounts receivable for the current period. For the same period, Viza reported $ in net sales and $ in accounts receivable.
Calculate the days' sales uncollected for both companies and indicate which company is doing a better job in managing the collection of its receivables.
Note: Do not round intermediate calculations. Round your "Days' Sales Uncollected" to decimal place.
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Days Sales
Analysis
Calculate the days' sales uncollected for both companies.
tableDays Sales Uncollected
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