j Question 6 rect An aging schedule helps a company to check on those customers who are overdue in their payments. The table below shows the aging schedule of BTS Pte Ltd's accounts receivable (a) Calculate the percentage of balance outstanding (to 2 decimal places) for each age group. es or t wit Age Group Percentage Accounts Receivable Balance Outstanding st re Less than 30 days 31 days to 60 days 61 days to 90 days 90 days TOTAL $45,000 $25,000 $9,000 COS $11,000 S$90,000 ry fi 100.00% (4 marks) wit (b) If the credit period given to these customers is 30 days, evaluate whether the company has been performing well in managing its accounts receivable. (3 marks) 1