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Year 3 Year 2 AR Tumover (Credit Sales/AR) Bad Debt Exp/Credit Sales Allowance/Gross AR Sales Growth 46.4 520 1.00% 1.50% 920% 14 21% 1.409 3.46%

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Year 3 Year 2 AR Tumover (Credit Sales/AR) Bad Debt Exp/Credit Sales Allowance/Gross AR Sales Growth 46.4 520 1.00% 1.50% 920% 14 21% 1.409 3.46% a. Does Weis's trend in collection period (aka: DSO) support the direction of the allowance? b. State your observations of Weis's receivables allowance management Include a short explanation to help the IC understand how the allowance account can be used to manage earrings

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