Question: Part II: Using the Excel file to answer the following questions 1. How many locations does Cambridge Corporation have in 2019? 2. How many total

Part II: Using the Excel file to answer the following questions

Part II: Using the Excel file to answer the following questions 1. How many locations does Cambridge Corporation have in 2019? 2. How many total customers does Cambridge Corporation have in 2019? 3. Which location has the highest AR as a percentage of sales? How much is it? 4. Which location has the lowest AR turnover? How much is it? 5. Which location has the longest AR collection period? How long is it? 6. What is the dollar balance for each aging category as of December 31, 2019? 7. What is the aging schedule for Location (s)1, 3 and 7? 8. What is the aging schedule for Customer(s) 2, 9 and 10? 9. What is the required ending balance in the Allowance for Uncollectible Accounts for Cambridge at the end of 2019 (this is based upon your analysis)? 10. Assuming the balance of Cambridge's Allowance for Doubtful Account is $540,250 as of January 1, 2019, what is the amount of Bad Debt Expense that needs to be recorded as of December 31, 2019

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