Question
At September 24, 2016, how much in total did customers owe Zinger? How much did Zinger expect to collect and not to collect on September
At September 24, 2016, how much in total did customers owe Zinger? How much did Zinger expect to collect and not to collect on September 24, 2016? What was the net realizable value of Zinger, Inc.'s receivables on September 24, 2016? At September 24, 2016, how much in total did customers owe Zinger? How much did Zinger expect to collect and not to collect on September 24, 2016? What was the net realizable value of Zinger, Inc.'s receivables on September 24, 2016?
Zinger, Inc.
Balance Sheet (Excerpt, Adapted)
(In Millions of $)
Sep. 24, 2016
Sep. 26, 2015
Current assets:
Cash and cash equivalents
$14,208
$14,774
Short-term marketable securities
42,284
23,421
Accounts receivable, less allowance of $77 and $96, respectively
15,206
17,715
Inventories
2,030
2,258
Vendor non-trade receivables
13,350
13,324
Other current assets
8,277
15,147
Total current assets
99,311
98,758
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