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Can't attach the pdf file here so please download from google ata: Download the 2020-2021 Annual Report for UCLA. Use it to answer the questions
Can't attach the pdf file here so please download from google
ata: Download the 2020-2021 Annual Report for UCLA. Use it to answer the questions below. iven though it is a financial report for a not-for-profit entity, much of the accounting should be amiliar enough. 12. Using footnote 3 (Accounts Receivable), calculate the percentage of UCLA's Gross Accounts Receivable (A/R) that it expects not to collect as of June 30, 2021 in each of the following categories. (8 points; 2 points per entry) - Express your answer as a percentage, rounded to the nearest tenth of a percent (e.g., for 0.1234=12.34%, write 12.3 ) % of gross State \& Federal A/R that UCLA expects not to collect as of 6/30/2021: \% of gross Medical Center A/R that UCLA expects not to collect as of 6/30/2021: % of gross Other A/R that UCLA expects not to collect as of 6/30/2021: \% of gross Total A/R that UCLA expects not to collect as of 6/30/2021 : 13. Based on your answer to the previous question, comment on the pattem of % expected not to be collected across categories. (4 points) 14. What other allowances and/or reserves does UCLA recognize in its financial statements? Note at least two. Hint: See footnotes 5 and 6 . (2 points)Step by Step Solution
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