Managing the collection of receivables

Reference no: EM1310199

Marble had 2816 million in sales and $555 million in ending accounts receivable for the current period. For the same period, Maxtel reported $4,885 million in sales and $491 million in ending accounts receivable. Calculate the day’s sales uncollected for both companies as of the end of the current period. Which company is doing a better job in managing the collection of its receivables?

Reference no: EM1310199

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