Thursday 23 February 2017

Barga Co. reported net sales for 2014 and 2015 of $665,000 and $741,000, respectively

Barga Co. reported net sales for 2014 and 2015 of $665,000 and $741,000, respectively. Its year-end balances of accounts receivable follow: December 31, 2014, $58,000; and December 31, 2015, $89,000.

(a)
Complete the below table to calculate the days' sales uncollected at the end of each year. (Do not round intermediate calculations and round your "Days' Sales Uncollected" answer to 1 decimal place.)



 
Explanation:

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