Problemgraff company had cash of 42600 net accounts, Ask an Expert

Accounting

Problem:

Graff Company had cash of $42,600, net accounts receivable of $96,500, and net sales of $746,000. Last year's net accounts receivable were $79,100.

Required:

Question: What is the days' sales uncollected ratio for Graff Company?

Note: Explain all calculation and formulas.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91164946

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