Question
Students....As Chapter 8 points out, managing and monitoring Accounts Receivable is an important function for most organizations. For this discussion board assignment find the following
Students....As Chapter 8 points out, managing and monitoring Accounts Receivable is an important function for most organizations. For this discussion board assignment find the following information from an Annual Report for a public corporation: 1. Provide the company name, financial statement date and copy of hyperlink to the annual report. 2. Provide the Accounts Receivable balance and Allowance (or Reserve) for Doubtful Accounts for the two most recent fiscal years. HINT: Published financial statements must include two years of data, so you should only have to find the most recent annual report to get this data. If you cannot find data on the Allowance for Doubtful Accounts choose another organization for this discussion. 3. Discuss the level of the allowance and if it is consistent/higher/lower than your expectations for that particular industry. 4. Make a substantive comment on at least one other student findings regarding your analysis of their company's allowance for bad debt. What did you find interesting?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started