Pool Corporation (ticker: POOL) is the biggest swimming pool supplies distributor in U.S. Please go to its latest 10 - K filings and answer the following questions. What is POOL's % o uncollectible accounts to gross accounts receivable for 2021, 2022, and 2023? What is your opinion on POOL's policy on allowance for uncollectible (doubtful) accounts? Do they have enough in the allowance account? What is POOL's average collection period to collect receivables from customers in 2023 ?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
Pool Corporation (ticker: POOL) is the biggest swimming pool supplies distributor in U.S.
Please go to its latest 10 - K filings and answer the following questions. What is POOL's % of
uncollectible accounts to gross accounts receivable for 2021, 2022, and 2023? What is your
opinion on POOL's policy on allowance for uncollectible (doubtful) accounts? Do they have
enough in the allowance account? What is POOL's average collection period to collect
receivables from customers in 2023 ?
Transcribed Image Text:Pool Corporation (ticker: POOL) is the biggest swimming pool supplies distributor in U.S. Please go to its latest 10 - K filings and answer the following questions. What is POOL's % of uncollectible accounts to gross accounts receivable for 2021, 2022, and 2023? What is your opinion on POOL's policy on allowance for uncollectible (doubtful) accounts? Do they have enough in the allowance account? What is POOL's average collection period to collect receivables from customers in 2023 ?
Expert Solution
steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Knowledge Booster
Ratio Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education