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Svetradugi [14.3K]
3 years ago
12

Key comparative figures for Apple and Google follow.

Business
1 answer:
kow [346]3 years ago
7 0

Answer:

1. <u>Apple</u>

Current year Days sales uncollected = Account receivables/Net sales * 365

= 15754 / 215639 * 365 = 27 days

= 16849 / 233715 * 365 = 26 days

<u>Google</u>

Current year Days sales uncollected = Account receivables/Net sales * 365

= 14137 / 90272 * 365 = 57 days

Prior years Days sales uncollected = Account receivables/Net sales * 365

= 11556 / 74989 * 365 = 56 days

2. Base on the computation above, Apple had more success collecting receivables.

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