The following data exist for Weaver Company:
Calculate the receivables turnover and the average days' sales uncollected for 2014.(Round to 1 decimal point and even days,respectively. )
Definitions:
Possession
The state of having control over something or someone, legally indicating ownership or the right to use.
Conditional Sales Contract
A type of contract in which the sale itself is contingent on approval; can be either a sale-on-approval contract or a sale-or-return contract.
Certified Appraiser
A professional designation for an individual qualified to assess the value of real property and personal property.
Masterpiece Sculptures
Exceptionally high-quality sculptures that are widely recognized for their artistic, historic, or cultural significance.
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