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Dashboard1 ing aging table Value Value Value Value Value Value Value Value Value O O e O 1. (1 mark) For customer C2036, does she/he
Dashboard1 ing aging table Value Value Value Value Value Value Value Value Value O O e O 1. (1 mark) For customer C2036, does she/he have any balance that is overdue and the corresponding dollar amount? Please hover over the figure to see tooltips. 1. Yes, the amount is $763 2. No, the amount is $0 3. Yes, the amount is $23,038 4. The information is not available 2. (1 mark) For customer C9591, what is the proportion of the outstanding balance that is less than 30 days past due? 1. 0% 2. 37% 3. 74% 4. 100% 3. (1 mark) If your team determines that the estimate percentage uncollectible for Less than 30 days" is 10% and for More than 180 days is 50%, what is the required balance in Allowance for Doubtful Accounts? 1. $56,179 2. $17,878 3. $178,775 4. $55,947 Short Essay: Using only the data provided, answer the following short answer questions. Show all of your work. 1. (2 marks) When looking at the visualization, it seems that there are two extremes. It's either less than 30 days past due or it's more than 180 days past due. In addition, these customers seem to either pay the full amount or delay the whole payment. If this is the pattern we observe, what would be your estimate percentage uncollectible for these accounts? ENTER YOUR ANSWER HERE 2. (3 marks) The review of uncollectible accounts receivable is often related to the credit management processes. Assuming that the company gives each customer a credit limit of $20,000 each year, based on the visualization and this credit limit information, what do you think about this company's credit management? ENTER YOUR ANSWER HERE
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