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The Following Account Balances Are Taken from Mesky Sports at December

Question 178

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The following account balances are taken from Mesky Sports at December 31.
Calculate the number of days' sales uncollected for both years. According to this analysis, is the company's collection of receivables improving? Explain.
The following account balances are taken from Mesky Sports at December 31. Calculate the number of days' sales uncollected for both years. According to this analysis, is the company's collection of receivables improving? Explain.

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280,450/1,457,600 x 365 = 70.2 days
180,...

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