Using the most recent annual report of the company you have chosen to study and that you have accessed online at the company 's website, examine the balance sheet and accompanying notes of your company Answer the following questions 1 What percentage of total current assets is accounts receivable I...

1 Calculate your chosen companys accounts receivable as a percentage of total current assets Accounts receivable as a percentage of total current assets equals accounts receivable divided by total cur ...

Using the most recent annual report of the company you have chosen to study and that you

Question:

Using the most recent annual report of the company you have chosen to study and that you have accessed online at the company's website, examine the and accompanying notes of your company. Answer the following questions:
1. What percentage of total current assets is Is this figure the total or net Why or why not?
2. Find the disclosures about in the notes to the What is the amount of the allowance account and what percentage of total is it?
3. Does the company have notes receivable on the If so, read the note to the on notes receivable. What do you learn from it about the business?
4. Compute receivables turnover and days' sales uncollected for the most recent year?
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... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...