Just answer E 5.17-

Accounts receivable net of the one for und counts of $2,565 und Spec Calculate the ratio of the allowance for collectible accounts divided by NS accounts recebe ratio decrease between the two years? If so, what does that indicate? The bad debt expense on the Corporation's earnings statement did not equal $2.505. What might explain this? HL Scott shipped an order valued at $135.000 a customer and shipped a second order valued at $75.00 Scott transacts most of its business on credit and offers its customers credit terms of 2/10,n30. On another customer on July 10 Payment was received on the July 1st order on July 6, but payment on the Accounting for Quick-Pay Incentives. HL Scott, Inc. is a manufacturer of small office equipment Scott, Inc., for July. Why do companies like HL Scott, offer sales discounts to their customers? Why are discounts value to the customers of HL Soo Preparing an Aging Schedule. East Bay Inc. uses the aging method to estimate the company's bad Toth order was not received until August 15. Calculate total sales, the sales discount, and net sales for expense. Mark Evans, the president of the company, collected information about the company's outstanding Balance Sheet E5.16 E5.17 accounts receivable and their probability of collection: Probability of Non-Collection Amount Account Age 0.75% 0-30 days 31-60 days 61-90 days 91-120 days Over 120 days $600,000 300,000 150,000 90.000 50,000 2.00 3.00 5.00 30.00 Calculate the allowance for uncollectible accounts for East Bay, Inc., the total balance in accounts receivable and the net realizable value of the company's accounts receivable. Assume that East Bay, Inc. adopts a policy of writing off as worthless all unpaid accounts receivable over 120 days old. How will implementation of this policy impact the net realizable value of the company's accounts receivable? Why? Analyzing Accounts Receivable. The following information is taken from the annual report of The Coca- Cola Company 18 (amounts in millions) 2018 2017 Net sales Accounts receivable (net) $31,856 3,396 $35,410 3,667 Calculate the receivable turnover ratio and the receivable collection period for 2017 and 2018. How much additional cash flow from operations could Coca-Cola generate in 2018 if it could reduce its receivable col lection period to just 30 days? Analyzing Accounts Receivable. The following information is taken from the annual report of The Mulleres Corporation: Prior Yea (all amounts in Current Year Not sales Accounts receive S70,845 12.850 Calculate the receivable tumevertatio and the receivable collection period for by How much additional cash low from operation if it could be $70,000 12.775