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.
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| (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.)
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| (a) | Days' sales uncollected on December 31, 2014: |
| $58,000 | |
| × 365 = 31.8 days | |
| $665,000 |
| Days' sales uncollected on December 31, 2015: |
| $89,000 | |
| × 365 = 43.8 days | |
| $741,000 |
