South Company had net sales of $167,000 and $212,000 for 2018 and 2019 respectively. Accounts Receivable at December 31,2017, 2018 and 2019 respectively were $19,500, $18,000 and $21,000. Calculate the Accounts Receivable Turnover and Days Sales Uncollected for 2018 and 2019. Did the company improve on collecting on Accounts Receivable from 2018 to 2019.

Answer rating: 100% (QA)

Answer Accounts receivable turnover ratio Net credit salesAverage accounts rece... View the full answer