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An aging analysis of Ivanhoe Company's accounts receivable at December 31, 2023 and 2024, showed the following: December 31 Number of Days Estimated %
An aging analysis of Ivanhoe Company's accounts receivable at December 31, 2023 and 2024, showed the following: December 31 Number of Days Estimated % Outstanding Uncollectible 2024 2023 0-30 days 2% $94,000 $115,000 31-60 days 7% 23,500 $7,500 61-90 days. 13% 47,000 34,500 Over 90 days 25% 70,500 23,000 Total $235,000 $230,000
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Cornerstones of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
2nd edition
1111824401, 978-1111824402
