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Use the information given to do an analysis of uncollectible accounts receivable, (refer to exhibit 9.2). I included exhibit 9.2 for reference. Thank you! U
Use the information given to do an analysis of uncollectible accounts receivable, (refer to exhibit 9.2). I included exhibit 9.2 for reference. Thank you!
U EXHIBIT 9.2 Mattel, Inc.: Analysis of Accounts Receivable Credit Losses Table Summary: Rows 3, 7, and 12 are headers and contain data only in column 1. (\$ in millions) Dec. 31,2018 Dec. 31, 2017 Dec. 31, 2016 A. Select Reported Amounts Revenues $4,510.9(419.3)992.1$4,882.0(505.0)1,154.0$5,456.7409.71,136.6 B. Change in Allowance for doubtful accounts Balance at beginning of year C. Analysis Provision for doubtful accounts as a % of sales Provision for doubtful accounts as a % of ending gross 4.12% 185.91%69.29% 42.99% allowance Allowance as a % of ending gross receivables 2.22% 2.20% 1.88% Source: Mattel, Inc. Form 10-KsStep by Step Solution
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