Question
Srivastava Co.'s Balance Sheet had the following line item: 12/31/2012 12/31/2011 Accounts Receivable, net of allowances of $200 and $150, respectively $4,900 $4,100 What percentage
Srivastava Co.'s Balance Sheet had the following line item:
12/31/2012 12/31/2011
Accounts Receivable, net of allowances of $200 and $150, respectively $4,900 $4,100
What percentage of gross accounts receivable does Srivastava expect to be uncollectable as of 12/31/2012?
3.92%
4.08%
3.66%
3.53%
4.01%
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
13th edition
978-1-119-4110, 1119411483, 9781119411017, 978-1119411482
