Question

Δεy ιυιιμαι αιινε μguιεο ιυι Ημμιε αιια υυυυιε ιυιιυνν. $ millions Accounts receivable Net sales Apple Current Year Prior Year $ 17,874 $ 15,754 229, 234 215,639 Google Current Year Prior Year $ 18,336 $14,137 1 10,855 90, 272 Required: 1. Compute days' sales uncollected for (a) Apple and (b) Google for the current and prior years. 2. Which company had more success collecting receivables? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute days' sales uncollected for (a) Apple and (b) Google for the current and prior years. (Round your an nearest whole number.) a. Apple for the current year Apple for the prior year Google for the current year Google for the prior year Days' sales uncollected days days days days b.

Answer 1

Answer:

1.)

Apple Days sales Uncollected
Years	Numerator	/	Denominator	x	Days	=	Days Sales Uncollected Days Sales
	Accounts Receivable	/	Net sales	x	365	=
Current Year	17874	/	229234	x	365	=	28	days
Prior Year	15754	/	215639	x	365	=	27	days

Google Days sales Uncollected
Years	Numerator	/	Denominator	x	Days	=	Days Sales Uncollected
	Accounts Receivable	/	Net sales	x	365	=
Current Year	18336	/	110855	x	365	=	60	days
Prior Year	14137	/	90272	x	365	=	57	days

2.) Apple