Days Sales uncollected: This isan efficiency ratio that indicates the period for which credit sales remain as receivable. The ratio is calculated by multiplying Accounts receivable with 365 days and dividing the result by Net Sales. The formula for Days Sales uncollected is as follows: D a y s S a l e s u n c o l l e c t e d = A c c o u n t s R e c e i v a b l e * 365 N e t S a l e s To calculate: The days sales uncollected for each company.

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Chapter 6, Problem 2BTN

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Days Sales uncollected: This isan efficiency ratio that indicates the period for which credit sales remain as receivable. The ratio is calculated by multiplying Accounts receivable with 365 days and dividing the result by Net Sales. The formula for Days Sales uncollected is as follows:

Days Sales uncollected = Accounts Receivable * 365Net Sales

To calculate: The days sales uncollected for each company.

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