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Refer to the Following Selected Financial Information from Whirlpool Company

question 128

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Refer to the following selected financial information from Whirlpool Company. Compute the company's days' sales uncollected for Year 2. (Use 365 days a year.)  Year 2  Year 1  Accounts receivable, net 86,50082,750 Net sales 723,000693,000\begin{array}{lrr} & \text { Year 2 } & \text { Year 1 } \\\text { Accounts receivable, net } & 86,500 & 82,750 \\\text { Net sales } & 723,000 & 693,000\end{array}


Definitions:

Channels

In marketing, channels refer to the paths or routes through which goods and services flow from the producer to the consumer.

Wholesalers

Businesses that buy goods in large quantities directly from manufacturers to resell them in smaller quantities to retailers or other businesses.

Exposure

In marketing, it refers to the degree to which a target audience sees or interacts with a brand's message or campaign across various mediums.

Intensive Distribution

A strategy designed to get products into as many outlets as possible.

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