Question: Kleino's Receivables were $ 2 5 0 , 0 0 0 at year end. The age of the receivables, and their likelihood of being collected
Kleino's Receivables were $ at year end.
The age of the receivables, and their likelihood of being collected was as follows:
$ current likely
$ days likely
$ days likely
$ days likely
$ days likely
What is the dollar amount
that Kleino's can claim as an uncollectible expense? And what is the net realizable value
of Kleino's receivables?
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