Question: ASSIGNMENT Answer the following critical thinking questions: 1. Describe the common classifications of receivables. 2. Analyze and explain the use of the three inventory costing

ASSIGNMENT Answer the following critical thinking questions: 1. Describe the common

ASSIGNMENT Answer the following critical thinking questions: 1. Describe the common classifications of receivables. 2. Analyze and explain the use of the three inventory costing methods. 3. Evaluate and discuss how receivables and inventory are reported on the financial statements. Your submission should be a minimum of one page of content in length, answering each question with a substantive paragraph of 4-5 sentences in length. Please type the question as well as your answer. Cite any source utilized in APA format

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