Accounts Receivable Aging Analysis:

19Company ABC has the following accounts receivable aging schedule as of December 31, 20XX:

• 0-30 Days: $50,000
• 31-60 Days: $20,000
• 61-90 Days: $10,000
• Over 90 Days: $5,000

Requirements:

1. Calculate the total accounts receivable balance.
2. Determine the percentage of accounts receivable that are overdue.
3. Discuss potential implications of the aging schedule on the company's cash flow and financial health.