Business, 18.08.2020 16:01 Homepage10

The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $8,419
Accounts receivable 70,422
Merchandise inventories 60,362
Prepaid expenses 4,100
Accounts payable $14,950
Notes payable 86,638
Other current liabilities 9,500

If net credit sales for the current year were $612,000, what is the firm's days' sales uncollected for the year?

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The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash e...