Examine the aging schedule that CAE provides in Note 5. How does the aging schedule help you

Question:

Examine the that CAE provides in Note 5. How does the help you assess the company's credit management? What's the importance of separating the amount into different categories of amounts past due? What do you think the impact on the allowance for doubtful accounts would be if the amount of past due accounts increased significantly? Explain.

Aging Schedule
Aging schedule is an accounting table that shows a company’s account receivables. It is an summarized presentation of accounts receivable into a separate time brackets that the rank received based upon the days due or the days past due. Generally...