Using the Days' Sales in Receivable, which company is collecting its receivables faster? (Round intermediate calculations...
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Using the Days' Sales in Receivable, which company is collecting its receivables faster? (Round intermediate calculations two decimal places, and round your final answer to the nearest day.) Cash Short-term investments Net accounts receivables beginning Net accounts receivable ending Net credit sales Total current liabilities OA. 18 days faster for Company A OB. 18 days faster for Company B OC.. 9 days faster for Company B OD. 9 days faster for Company A Company A $12,200 18,000 8,500 5,800 181,000 787,000 *** Company B $16,600 16,000 1,900 18,000 155,000 630,000 Using the Days' Sales in Receivable, which company is collecting its receivables faster? (Round intermediate calculations two decimal places, and round your final answer to the nearest day.) Cash Short-term investments Net accounts receivables beginning Net accounts receivable ending Net credit sales Total current liabilities OA. 18 days faster for Company A OB. 18 days faster for Company B OC.. 9 days faster for Company B OD. 9 days faster for Company A Company A $12,200 18,000 8,500 5,800 181,000 787,000 *** Company B $16,600 16,000 1,900 18,000 155,000 630,000
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