Access eBays, January 31, 2014, filing of its 10-K report for the year ended December 31, 2013,

Question:

Access eBay’s, January 31, 2014, filing of its 10-K report for the year ended December 31, 2013, at www.SEC.gov.


Required

1. What is the amount of eBay’s net accounts receivable at December 31, 2013, and at December 31, 2012?

2. “Financial Statement Schedule II” to its financial statements lists eBay’s allowance for doubtful accounts (including authorized credits). For the two years ended December 31, 2013 and 2012, compute its allowance for doubtful accounts (including authorized credits) as a percent of gross accounts receivable.
3.
Do you believe that these percentages are reasonable based on what you know about eBay? Explain.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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...
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Fundamental Accounting Principles

ISBN: 978-0077862275

22nd edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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