In teams, select a public company that interests you and is a business that has accounts receivable.

Question:

In teams, select a public company that interests you and is a business that has Obtain the company's most recent annual report on Form 10-K. The Form 10-K is a company's annually required filing with the Securities and Exchange Commission (SEC). It includes the company's and accompanying notes. The Form 10-K can be obtained either (A) from the investor relations section of the company's Web site or (B) by using the company search feature of the SEC's EDGAR database service found at www.sec.gov/ edgar/searchedgar/companysearch. html.
1. Based on the information in the company's most recent annual report, answer the following questions:
A. What amount of did the company report at the end of the most recent year?
B. What is the balance in the company's Allowance for Uncollectible Accounts at the end of the most recent year?
C. What percentage of total current assets is at the end of each of the two years presented? Has this percentage increased, decreased, or remained the same during this period?
D. How much bad debt expense did the company report for the most recent year?
2. Using the information presented in the company's annual report, calculate the company's turnover for the current and previous years. Based on this information, has the company's management of improved? Briefly explain your answer.
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...