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A company reported net sales for 2014 of $265,000 and $545,000 for 2015. The year-end balances of accounts receivable were $39,000 for 2014 and $92,000 for 2015. Calculate the days' sales uncollected at the end of each year for this company and describe any changes in the apparent liquidity of the company's receivables.
Behavior Change
A modification of human behavior, often achieved through systematic approaches or interventions aimed at improving health or wellbeing.
Transtheoretical Model
A model outlining stages of change for adopting health behaviors, ranging from precontemplation to maintenance.
Preparation Stage
A phase in behavior change models where individuals get ready to change their habits or behaviors within the near future.
Maintenance Stage
A phase in the transtheoretical model where individuals sustain their behavior change over time and work to prevent relapse.
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