Financial and Managerial Accounting: Information for Decisions
Financial and Managerial Accounting: Information for Decisions
6th Edition
ISBN: 9780078025761
Author: John J Wild, Ken Shaw Accounting Professor, Barbara Chiappetta Fundamental Accounting Principles
Publisher: McGraw-Hill Education
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Chapter 6, Problem 12E

a.

To determine

Number of day’s sales uncollected in each year (2014 and 2015) of B Company.

b.

To determine

To evaluate:

changes in the amount of liquid assets tied up in receivables.

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