If we are asked for the average of net trade accounts receivables, would we use the A/R amounts or the two amounts above? Would we just take the average for trade receivables from sale?

 

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Trade receivables from sale Beg Amount: 2000 End Amount: 3000 Trade receivables from Beg Amount:1000 End Amount: 2000 provisional concentrate sales: fair value adjustment A/R Beg 20000 End 18000 Trade receivables from sale Beg Amount: 2000 End Amount: 3000 Trade receivables from Beg Amount:1000 End Amount: 2000 provisional concentrate sales: fair value adjustment A/R Beg 20000 End 18000

Answer rating: 100% (QA)

To calculate the average of net trade accounts receivables you would typically use the AR a... View the full answer