A company accountant did a study of 750 accounts receivable. She found that 119 accounts were paid

Question:

A company accountant did a study of 750 She found that 119 accounts were paid early, 320 were paid on time, 200 were paid late, and 111 were considered uncollec table. Assume the past experience with is a good indication of the future.
Estimate the probabilities for each category of for the future.
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...