Solution-Compute days sales uncollected for these companies

Compute days sales uncollected for these companies

Reference no: EM13537745

Key comparative figures for Research In Motion and Apple follow.

	Research In Motion		Apple
($ millions)	Current Year	Prior Year	Current Year	Prior Year
Accounts receivable	$2,594	$2,112	$3,361	$2,422
Net sales	14,953	11,065	42,905	37,491

Required

Compute days' sales uncollected for these companies for each of the two years shown. Comment on any trends for the companies. Which company has the largest percent change in days' sales uncollected?

Reference no: EM13537745

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Compute days sales uncollected for these companies

Reference no: EM13537745

Reference no: EM13537745

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