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a. allowance 2013 = 54/1298*100= 4.16% 2012=48/1168*100= 4.10% Change in ratio = 4.16-4.10= .06% increase b. Net Receivable 2013= 1298+54= 1352 2012=1168+48=$ 1216 c. accounts
a. allowance
2013 = 54/1298*100= 4.16%
2012=48/1168*100= 4.10%
Change in ratio = 4.16-4.10= .06% increase
b. Net Receivable
2013= 1298+54= 1352
2012=1168+48=$ 1216
c. accounts Turnover= Sales/ Average Accounts Receivable
2012=20835/1189+1168 = 8.83
2013=22014/1168+1298= 8.92
Can you please just answer question d? thanks!
Adobe Reader File Edit View Window Help 0100 001.pdf 11 | / 11 - T 63% Tools Fill & SignComment Sign In Export PDF Adobe ExportPDF Convert PDF files to Word or Excel online. Problem 5 (15 pts.) The asset side of the 2013 balance sheet for BNSF Corporation is below. The company reported total revenues of $22,014 million in 2013 and $20,835 million in 2012. Select PDF File Burlington Northem Santa Fe, LLC and Subsidiaries Consolidated Balance Sheets 0100,001.pdf Dollars in millions December 31 2013 2012 1 file / 3.01 MB Cash and cash equivalents Accounts receivable, net of allowance of $54 and $48 Materials and supplies Current portion of deferred income taxes Other current assets Total current assets Convert To: $ 2,225 1,298 835 358 87 4,803 1,794 1,168 800 341 78 4,181 Microsoft Word (*.docx) Recognize Text in English(U.S.) Change Property and equipment, net Goodwil Intangible assets, net Other assets Total assets 52,363 14,819 821 50,070 14,819 1,128 Convert $75,030 S72,014 Required a. What proportion of gross accounts receivable does BNSF record as an allowance each year? Interpret Create PDF the year-over-year change in the ratio. b. Calculate the common-sized accounts receivable, net, for 2013 and 2012 c. Compute the accounts receivable turnover for 2013 and 2012. At December 31, 2011, accounts and Edit PDF send Files Store Files other receivables, gross were $1,189 million. Does the accounts receivable tumover you calculated above, seem reasonable for a railway company? Explain. d. 16 7.3Step by Step Solution
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