Srivastava Co.'s Balance Sheet had the following line item: |12/31/2012 12/31/2011 Accounts Receivable, net of allowances of $200 and $150, respectively $4,900 $4,100 What percentage of gross accounts receivable does Srivastava expect to be uncollectable as of 12/31/2012? 3.92% 4.08% 3.66% 3.53% 4.01% O O O O O

Srivastava Co.'s Balance Sheet had the following line item: |12/31/2012 12/31/2011 Accounts Receivable, net of allowances of $200 and $150, respectively $4,900 $4,100 What percentage of gross accounts receivable does Srivastava expect to be uncollectable as of 12/31/2012? 3.92% 4.08% 3.66% 3.53% 4.01% O O O O O

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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