Barga Co. reported net sales for 2016 and 2017 of

Barga Co. reported net sales for 2016 and 2017 of $730,000 and $1,095,000, respectively. Its year-end balances of accounts receivable follow: December 31, 2016, $65,000; and December 31, 2017, $123,000.

a. Compute its days’ sales uncollected at the end of each year. Round the number of days to one decimal.

b. Evaluate and comment on any changes in the amount of liquid assets tied up in receivables.

Website: https://www.crazyforstudy.com/question/barga-co-reported-net-sales-for-2016-and-2017-of-730-000-and-1-095-000-respectiv-4178286