the formula to compute days sales uncollected is: accounts receivable times net sales divided by 365…
the formula to compute days sales uncollected is: accounts receivable times net sales divided by 365 accounts receivable divided by net sales times 365 net sales divided by accounts receivable times 365 net sales divided by accounts receivable divided by 365
Answer
Explanation:
Step1: Recall days' sales uncollected formula
Days' sales uncollected = $\frac{\text{Accounts Receivable}}{\text{Net Sales}}\times365$
Answer:
accounts receivable divided by net sales times 365