Question: Using the following amounts (in thousands) reported in Agilysys, Inc. and Subsidiaries consolidated balance sheets and statements of income at March 31, 2007 and 2006,
.png)
(in thousands) 2007 2006 474,570$468,984 Net Revenues Accounts receivable, net of allowances for customer adjustments and doubtful accounts of $1,186 in 2007, $3,311 in 2006 116,735 111,903 Schedule -Valuation and Qualifying Accounts Years ended March 31, 2007, 2006, and 2005 alance at beginning of period Charged to costs and Charged to other Balance at end of expenses accounts Deduction period 2007 Allowance for 2006 Allowance for 2005 Allowance for $(1,547) doubtful accounts $2,588 881 $305 (a) $(463) $3311 $(430 doubtful accounts $3,311 $(578) $1,186 $(265) $2,588 (a) The $305 represents allowance for doubtful accounts acquired in business combinations doubtful accounts $3,283
Step by Step Solution
3.35 Rating (158 Votes )
There are 3 Steps involved in it
Change from 2006 to 2007 Net revenues 12 Total accounts receivables 23 Allowance for doubtful accoun... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
130-B-A-B-S-C-F (707).docx
120 KBs Word File
