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Olympic kitchen and bath fixtures and supplies ltd . Accounts receivable analysis. As at December 3 1 $ 1 3 . 2 5 million. What
Olympic kitchen and bath fixtures and supplies ltd Accounts receivable analysis. As at December $ million. What is your best estimate of the allowance for doubtful accounts? Normally you have an estimated based on historical data. This question doesn't provided that, so I need expert help.
OLYMPIC KITCHEN BATH FIXTURES AND SUPPLIES LTD
Accounts Receivable Analysis
Aging Summary
As at December
Current
Total
days
days
days
days
days
$ Million
$ Million
$ Million
$ Million
$ Million
$ Million
Company's credit terms are payments to be received net days
Macroeconomic conditions current high inflation, high interest rates, low dollar and stable employment
Sales increased by in over
Company had aggressive sales promotions to increase new customers, part of the overall increase in
sales represents new customers or of the overall sales increase.
Nature of Business
Company manufactures high end, luxury kitchen and bath faucets primarily for sale in Canada
What is your best estimate of the Allowance for Doubtful Accounts? AFDA
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