Question I have: My question is about net trade receivables. Suppose I am given a company that is in the mining business, and I am asked to find net trades receivables. Would I take the A/R amount on the balance sheet, or if there are trades receivables in the financial assets section, would I take those numbers instead?

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TRADES RECEIVABLES FROM SALES OF COBALT Trade receivables from provisional concentrate sales: fair value adjustment A/R As of 2021 900 120 As of 2021 200,000 As of 2022 1200 400 As of 2022 400,000 TRADES RECEIVABLES FROM SALES OF COBALT Trade receivables from provisional concentrate sales: fair value adjustment A/R As of 2021 900 120 As of 2021 200,000 As of 2022 1200 400 As of 2022 400,000

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To calculate the net trade receivables for a company in the mining business we need to consider all ... View the full answer