Barag co.’s net sales for year 1 and year 2 are $730,000 and $1,095,000, respectively. its year-end balances of accounts receivable follow: year 1, $65,000; and year 2, $123,000.
1. compute its days’ sales uncollected at the end of each year. round the number of days to one decimal.
2. evaluate and comment on any changes in the amount of liquid assets tied up in receivables.

What is a sort of auction for stocks in which traders verbally submit their offers?

What are two benefits of consumer programs

On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.