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please i need help 12.3 Many companies use accounts receivable aging schedules to project future cash in- flows and bad-debt expense. Review the information typically
please i need help 12.3 Many companies use accounts receivable aging schedules to project future cash in- flows and bad-debt expense. Review the information typically presented in such a re port (see Figure 12-8). Which specific metrics can be calculated from those data that might be especially useful in providing early warning about looming cash flow or bad- debt problems? FIC Amount 1-30 Days 31-60 Days 61-90 Days Over 90 Days Past Due Past Due Past Due Past Due Current Exa Re: Customer Able Invoice 221 Invoice 278 Total $3,450 2,955 $6,405 $3,450 2,955 $6,405 Baker $4,500 Invoice 178 Invoice 245 Total $4,500 2,560 $7,060 2,560 $2,560 $4,500 Other $5,500 $2,500 $28,500 Accounts $185,435 $137,935 $11,000 $11,000 $2,500 Totals $10,000 $198,900 $146,900 $28,500
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