Wildcat Sporting Goods (WSG) sells athletic shoes and trendy sports apparel to a variety of sporting goods stores in the Northeast and, in 2011, WSG also began direct internet sales to consumers. WSG's common shares are publicly traded and WSG has a December 31 year-end. WSG has historically received an unqualified opinion from its audit firm.

Selected financial data is provided below: 2000 2010 2011 2012 Sales $300,000,000 | $360,000,000 | $420,000,000 | $370,000,000 Credit sales 100% 100% Internet sales 0% 0% 10% 20% Accounts receivable $42,000,000 | $53,000,000 | $48,000,000 | $67,000,000 Allowance for doubtful accounts $4.150.000 $5.000,000 $4,300,000 $16,300,000 Allowance/accounts receivable 9.88% 9.43% 8.96% 24.33% Total assets $200,000,000 $250,000,000 $300,000,000 $320,000,000 Pretax income $10,000,000 $12,000,000 $15,000,000 *$4,000,000 * 2012 pretax income is an estimate