Question: Platinum, Co. is generating a balance sheet for year end Dec 31, Y1. Sales are $50300. Cash is $15350. Accounts Recievable is $21550. Inventory

Platinum, Co. is generating a balance sheet for year end Dec 31,

Platinum, Co. is generating a balance sheet for year end Dec 31, Y1. Sales are $50300. Cash is $15350. Accounts Recievable is $21550. Inventory is $43500. The Allowance for Doubtful Accounts is $8485. What is the net realizable value associated with accounts receivable? Answer:

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