Essay
In April,Stride Rite had $4,875 million in sales and $990 million in accounts receivable.For the same period,Geox had $5,595 million in sales and $834 million in accounts receivable.Calculate the days' sales uncollected for both companies.Which company is doing a better job at managing collection of its receivables?
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Stride Rite $990/$4,875 × 365 ...View Answer
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