makeup of current assets. cash: $732,000 Acc. receivables. $$1,220,000 inventory. $$1,708,000 supplies. $476,000 acc. receivable by age:
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makeup of current assets.
cash: $732,000
Acc. receivables. $$1,220,000
inventory. $$1,708,000
supplies. $476,000
acc. receivable by age:
over 90days. $12,000
61-90 days. $38,000
31-60 days. $86,000
1-30 days. $254,000
not due yet. $830,000
percent by uncollectible by age
over 90days. 68%
61-90 days. 33%
31-60 days. 7%
1-30 days. 3%
not due yet. 2%
makeup total sales.
credit sales: $7,150,000
cash sales. $2,250,000
percent uncollectible by accounts credit sales. 1%
accounts receivable. 5%
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