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The following annual account balances are from Armour Sports at December 31. Year 2 $ 100,000 Year 1 $ 85,000 2,000,000
Posted: Sun Jul 03, 2022 1:14 pm
by answerhappygod
- The Following Annual Account Balances Are From Armour Sports At December 31 Year 2 100 000 Year 1 85 000 2 000 000 1 (25.26 KiB) Viewed 9 times
The following annual account balances are from Armour Sports at December 31. Year 2 $ 100,000 Year 1 $ 85,000 2,000,000 2,500,000 Accounts receivable Net sales a. Complete the below table to calculate the number of days' sales uncollected for the Year 1 and Year 2. (Do not round intermediate calculations. Round your "Days' Sales Uncollected" to 1 decimal place.) Year 2: Year 1: Choose Numerator: 1 1 1 Days Sales Uncollected Choose Denominator: x Days x xx * = T = Days' Sales Uncollected Days' sales uncollected days days