Question: Problem 1 Using the following amounts reported in Zax Technology Company's consolidated balance sheets and statements of income at December 31, 2015 and 2014, analyze

 Problem 1 Using the following amounts reported in Zax Technology Company's

Problem 1 Using the following amounts reported in Zax Technology Company's consolidated balance sheets and statements of income at December 31, 2015 and 2014, analyze the receivables and allowance account. 2015 2014 $11,980 $9,713 Net Revenues Accounts receivable, net of allowances for customer adjustments and doubtful accounts of $40 in 2015, $48 in 2014 1,680 1,412

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