Question
Based on the information given below, what percent of the accounts receivable at September 30 is in the 90-day category? (Enter your answer as a
Based on the information given below, what percent of the accounts receivable at September 30 is in the 90-day category? (Enter your answer as a percentage, omit the "%" sign in your response, and round your answer to 2 decimal places. For example, 0.12345 or 12.345% should be entered as 12.35.)
| Month | Revenues | A/R at End of Quarter |
| July | 176,685 | 204,137 |
| August | 205,233 | 26,672 |
| September | 81,170 | 37,833 |
| TOTALS | ? | ? |
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
